# Pensions Act 1995, Section 39: Exercise of powers by member trustees.


No rule of law that a trustee may not exercise the powers vested in him so as to give rise to a conflict between his personal interest and his duties to the beneficiaries shall apply to a trustee of a trust scheme, who is also a member of the scheme, exercising the powers vested in him in any manner, merely because their exercise in that manner benefits, or may benefit, him as a member of the scheme.

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Source: https://www.legislation.gov.uk/ukpga/1995/26/section/39 (the official version)
Page: https://openlegislation.uk/pensions-act-1995/section-39
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.