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Trustee Act 2000 in Scotland

2000 c. 29 · Enacted 23 November 2000 · Extends to United Kingdom

Not fully up to date. 1 change made by later legislation has not yet been written into this text, which is revised to 19 May 2025.

See the changes not yet applied
ProvisionChangeMade by
Sch. 2 para. 34repealedHorserace Betting and Olympic Lottery Act 2004 Sch. 6

Contents

  1. 1The duty of care.
  2. 2Application of duty of care.
  3. 3General power of investment.
  4. 6Restriction or exclusion of this Part etc.
  5. 7Existing trusts.
  6. 8Power to acquire freehold and leasehold land.
  7. 9Restriction or exclusion of this Part etc.
  8. 10Existing trusts.
  9. Agents
  10. 11Power to employ agents.
  11. 12Persons who may act as agents.
  12. 13Linked functions etc.
  13. 14Terms of agency.
  14. 15Asset management: special restrictions.
  15. Nominees and custodians
  16. 16Power to appoint nominees.
  17. 17Power to appoint custodians.
  18. 18Investment in bearer securities.
  19. 19Persons who may be appointed as nominees or custodians.
  20. 20Terms of appointment of nominees and custodians.
  21. Review of and liability for agents, nominees and custodians etc.
  22. 21Application of sections 22 and 23.
  23. 22Review of agents, nominees and custodians etc.
  24. 23Liability for agents, nominees and custodians etc.
  25. Supplementary
  26. 24Effect of trustees exceeding their powers.
  27. 25Sole trustees.
  28. 26Restriction or exclusion of this Part etc.
  29. 27Existing trusts.
  30. 28Trustee’s entitlement to payment under trust instrument.
  31. 29Remuneration of certain trustees.
  32. 30Remuneration of trustees of charitable trusts.
  33. 31Trustees’ expenses.
  34. 33Application.
  35. 34Power to insure.
  36. 35Personal representatives.
  37. 36Pension schemes.
  38. 37Authorised unit trusts.
  39. 38Common investment schemes for charities etc.
  40. 39Interpretation.
  41. 40Minor and consequential amendments etc.
  42. 41Power to amend other Acts.
  43. 42Commencement and extent.
  44. 43Short title.
  45. Investment
  46. 1Paragraph 1
  47. Acquisition of land
  48. 2Paragraph 2
  49. Agents, nominees and custodians
  50. 3Paragraph 3
  51. Compounding of liabilities
  52. 4Paragraph 4
  53. Insurance
  54. 5Paragraph 5
  55. Reversionary interests, valuations and audit
  56. 6Paragraph 6
  57. Exclusion of duty of care
  58. 7Paragraph 7
  59. Schedule 2: Minor and consequential amendments
  60. The Trustee Investments Act 1961 (c.62)
  61. 1Paragraph 1
  62. The Charities Act 1993 (c.10)
  63. 2Paragraph 2
  64. Part II: Other Public General Acts
  65. The Places of Worship Sites Act 1873 (c.50)
  66. 3Paragraph 3
  67. The Technical and Industrial Institutions Act 1892 (c.29)
  68. 4Paragraph 4
  69. The Duchy of Cornwall Management Act 1893 (c.20)
  70. 5Paragraph 5
  71. The Duchy of Lancaster Act 1920 (c.51)
  72. 6Paragraph 6
  73. The Settled Land Act 1925 (c.18)
  74. 7Paragraph 7
  75. 8Paragraph 8
  76. 9Paragraph 9
  77. 10Paragraph 10
  78. 11Paragraph 11
  79. 12Paragraph 12
  80. 13Paragraph 13
  81. 14Paragraph 14
  82. 15Paragraph 15
  83. 16Paragraph 16
  84. 17Paragraph 17
  85. The Trustee Act 1925 (c.19)
  86. 18Paragraph 18
  87. 19Paragraph 19
  88. 20Paragraph 20
  89. 21Paragraph 21
  90. 22Paragraph 22
  91. 23Paragraph 23
  92. 24Paragraph 24
  93. 25Paragraph 25
  94. The Land Registration Act 1925 (c.21)
  95. 26Paragraph 26 Repealed
  96. The Administration of Estates Act 1925 (c.23)
  97. 27Paragraph 27
  98. 28Paragraph 28
  99. ...
  100. 29Paragraph 29 Repealed
  101. The Regimental Charitable Funds Act 1935 (c.11)
  102. 30Paragraph 30
  103. The Agricultural Marketing Act 1958 (c.47)
  104. 31Paragraph 31
  105. The Horticulture Act 1960 (c.22)
  106. 32Paragraph 32
  107. The House of Commons Members’ Fund Act 1962 (c.53)
  108. 33Paragraph 33
  109. The Betting, Gaming and Lotteries Act 1963 (c.2)
  110. 34Paragraph 34
  111. The Cereals Marketing Act 1965 (c.14)
  112. 35Paragraph 35 Repealed
  113. The Agriculture Act 1967 (c.22)
  114. 36Paragraph 36 Repealed
  115. The Solicitors Act 1974 (c.47)
  116. 37Paragraph 37 Repealed
  117. The Policyholders Protection Act 1975 (c.75)
  118. 38Paragraph 38
  119. The National Heritage Act 1980 (c.17)
  120. 39Paragraph 39
  121. The Licensing (Alcohol Education and Research) Act 1981 (c.28)
  122. 40Paragraph 40 Repealed
  123. The Fisheries Act 1981 (c.29)
  124. 41Paragraph 41
  125. The Duchy of Cornwall Management Act 1982 (c.47)
  126. 42Paragraph 42
  127. 43Paragraph 43
  128. The Administration of Justice Act 1982 (c.53)
  129. 44Paragraph 44
  130. The Trusts of Land and Appointment of Trustees Act 1996 (c.47)
  131. 45Paragraph 45
  132. 46Paragraph 46
  133. 47Paragraph 47
  134. 48Paragraph 48
  135. 49Paragraph 49
  136. Part III: Measures
  137. The Ecclesiastical Dilapidations Measure 1923 (No.3)
  138. 50Paragraph 50
  139. The Diocesan Stipends Funds Measure 1953 (No.2)
  140. 51Paragraph 51
  141. The Church Funds Investment Measure 1958 (No.1)
  142. 52Paragraph 52
  143. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  144. 53Paragraph 53 Repealed
  145. The Repair of Benefice Buildings Measure 1972 (No.2)
  146. 54Paragraph 54
  147. The Pastoral Measure 1983 (No.1)
  148. 55Paragraph 55
  149. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  150. 56Paragraph 56 Repealed
  151. The Cathedrals Measure 1999 (No.1)
  152. 57Paragraph 57
  153. The Trustee Act 1925 (c.19)
  154. 1Paragraph 1
  155. 2Paragraph 2
  156. 3Paragraph 3
  157. 4Paragraph 4
  158. 5Paragraph 5
  159. 6Paragraph 6
  160. The Trustee Investments Act 1961 (c.62)
  161. 7Paragraph 7
  162. The Cathedrals Measure 1963 (No.2)
  163. 8Paragraph 8
  164. Schedule 4: Repeals
  165. IIOther repeals