{
  "url": "https://openlegislation.uk/trustee-act-2000/section-20",
  "json_url": "https://openlegislation.uk/trustee-act-2000/section-20.json",
  "legislation": "ukpga/2000/29",
  "legislation_title": "Trustee Act 2000",
  "legislation_url": "https://openlegislation.uk/trustee-act-2000",
  "path": "section/20",
  "kind": "section",
  "number": "20",
  "heading": "Terms of appointment of nominees and custodians.",
  "text": "(1) Subject to subsection (2) and sections 29 to 32, the trustees may under section 16, 17 or 18 appoint a person to act as a nominee or custodian on such terms as to remuneration and other matters as they may determine.\n(2) The trustees may not under section 16, 17 or 18 appoint a person to act as a nominee or custodian on any of the terms mentioned in subsection (3) unless it is reasonably necessary for them to do so.\n(3) The terms are—\n(a) a term permitting the nominee or custodian to appoint a substitute;\n(b) a term restricting the liability of the nominee or custodian or his substitute to the trustees or to any beneficiary;\n(c) a term permitting the nominee or custodian to act in circumstances capable of giving rise to a conflict of interest.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2000/29/section/20",
    "retrieved_at": "2026-10-29T09:20:42.358656+00:00",
    "licence": "OGL-UK-3.0",
    "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
    "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
  }
}