{
  "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001",
  "json_url": "https://openlegislation.uk/trustee-act-northern-ireland-2001.json",
  "id": "nia/2001/14",
  "title": "Trustee Act (Northern Ireland) 2001",
  "short_title": "Trustee Act (Northern Ireland) 2001",
  "long_title": "An Act to amend the law relating to trustees and persons having the investment powers of trustees; and for connected purposes.",
  "citation": "2001 nia 14",
  "type": "nia",
  "year": "2001",
  "number": "14",
  "version": "current",
  "date": "2001-07-20",
  "revised": true,
  "valid_from": "2013-06-24",
  "extent": "N.I.",
  "unapplied_effects": 3,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "part/I",
      "kind": "part",
      "number": "I",
      "heading": "THE DUTY OF CARE",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "section/1",
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      "number": "1",
      "heading": "The duty of care",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-1",
      "extent": null,
      "status": null,
      "parent": "part/I"
    },
    {
      "path": "section/2",
      "kind": "section",
      "number": "2",
      "heading": "Application of duty of care",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-2",
      "extent": null,
      "status": null,
      "parent": "part/I"
    },
    {
      "path": "part/II",
      "kind": "part",
      "number": "II",
      "heading": "INVESTMENT",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "section/3",
      "kind": "section",
      "number": "3",
      "heading": "General power of investment",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-3",
      "extent": null,
      "status": null,
      "parent": "part/II"
    },
    {
      "path": "section/4",
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      "number": "4",
      "heading": "Standard investment criteria",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-4",
      "extent": null,
      "status": null,
      "parent": "part/II"
    },
    {
      "path": "section/5",
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      "number": "5",
      "heading": "Advice",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-5",
      "extent": null,
      "status": null,
      "parent": "part/II"
    },
    {
      "path": "section/6",
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      "number": "6",
      "heading": "Restriction or exclusion of this Part, etc.",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-6",
      "extent": null,
      "status": null,
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    },
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      "path": "section/7",
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      "heading": "Existing trusts and statutory powers",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-7",
      "extent": null,
      "status": null,
      "parent": "part/II"
    },
    {
      "path": "part/III",
      "kind": "part",
      "number": "III",
      "heading": "ACQUISITION OF LAND",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "section/8",
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      "number": "8",
      "heading": "Power to acquire land",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-8",
      "extent": null,
      "status": null,
      "parent": "part/III"
    },
    {
      "path": "section/9",
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      "heading": "Restriction or exclusion of this Part, etc.",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-9",
      "extent": null,
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      "path": "section/10",
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      "heading": "Existing trusts",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-10",
      "extent": null,
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    },
    {
      "path": "part/IV",
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      "number": "IV",
      "heading": "AGENTS NOMINEES AND CUSTODIANS",
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    },
    {
      "path": "part/IV/crossheading/agents",
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      "status": null,
      "parent": "part/IV"
    },
    {
      "path": "section/11",
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      "number": "11",
      "heading": "Power to employ agents",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-11",
      "extent": null,
      "status": null,
      "parent": "part/IV/crossheading/agents"
    },
    {
      "path": "section/12",
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      "number": "12",
      "heading": "Persons who may act as agents",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-12",
      "extent": null,
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      "parent": "part/IV/crossheading/agents"
    },
    {
      "path": "section/13",
      "kind": "section",
      "number": "13",
      "heading": "Linked functions, etc.",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-13",
      "extent": null,
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      "parent": "part/IV/crossheading/agents"
    },
    {
      "path": "section/14",
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      "heading": "Terms of agency",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-14",
      "extent": null,
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    },
    {
      "path": "section/15",
      "kind": "section",
      "number": "15",
      "heading": "Asset management: special restrictions",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-15",
      "extent": null,
      "status": null,
      "parent": "part/IV/crossheading/agents"
    },
    {
      "path": "part/IV/crossheading/nominees-and-custodians",
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      "heading": "Nominees and custodians",
      "url": null,
      "extent": null,
      "status": null,
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    },
    {
      "path": "section/16",
      "kind": "section",
      "number": "16",
      "heading": "Power to appoint nominees",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-16",
      "extent": null,
      "status": null,
      "parent": "part/IV/crossheading/nominees-and-custodians"
    },
    {
      "path": "section/17",
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      "heading": "Power to appoint custodians",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-17",
      "extent": "N.I.",
      "status": null,
      "parent": "part/IV/crossheading/nominees-and-custodians"
    },
    {
      "path": "section/18",
      "kind": "section",
      "number": "18",
      "heading": "Investment in bearer securities",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-18",
      "extent": "N.I.",
      "status": null,
      "parent": "part/IV/crossheading/nominees-and-custodians"
    },
    {
      "path": "section/19",
      "kind": "section",
      "number": "19",
      "heading": "Persons who may be appointed as nominees or custodians",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-19",
      "extent": "N.I.",
      "status": null,
      "parent": "part/IV/crossheading/nominees-and-custodians"
    },
    {
      "path": "section/20",
      "kind": "section",
      "number": "20",
      "heading": "Terms of appointment of nominees and custodians",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-20",
      "extent": null,
      "status": null,
      "parent": "part/IV/crossheading/nominees-and-custodians"
    },
    {
      "path": "part/IV/crossheading/review-of-and-liability-for-agents-nominees-and-custodians-etc",
      "kind": "crossheading",
      "number": null,
      "heading": "Review of and liability for agents, nominees and custodians, etc.",
      "url": null,
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      "status": null,
      "parent": "part/IV"
    },
    {
      "path": "section/21",
      "kind": "section",
      "number": "21",
      "heading": "Application of sections 22 and 23",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-21",
      "extent": null,
      "status": null,
      "parent": "part/IV/crossheading/review-of-and-liability-for-agents-nominees-and-custodians-etc"
    },
    {
      "path": "section/22",
      "kind": "section",
      "number": "22",
      "heading": "Review of agents, nominees and custodians, etc.",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-22",
      "extent": null,
      "status": null,
      "parent": "part/IV/crossheading/review-of-and-liability-for-agents-nominees-and-custodians-etc"
    },
    {
      "path": "section/23",
      "kind": "section",
      "number": "23",
      "heading": "Liability for agents, nominees and custodians, etc.",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-23",
      "extent": null,
      "status": null,
      "parent": "part/IV/crossheading/review-of-and-liability-for-agents-nominees-and-custodians-etc"
    },
    {
      "path": "part/IV/crossheading/supplementary",
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      "number": null,
      "heading": "Supplementary",
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      "status": null,
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    },
    {
      "path": "section/24",
      "kind": "section",
      "number": "24",
      "heading": "Effect of trustees exceeding their powers",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-24",
      "extent": null,
      "status": null,
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    },
    {
      "path": "section/25",
      "kind": "section",
      "number": "25",
      "heading": "Sole trustees",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-25",
      "extent": null,
      "status": null,
      "parent": "part/IV/crossheading/supplementary"
    },
    {
      "path": "section/26",
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      "number": "26",
      "heading": "Restriction or exclusion of this Part, etc.",
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      "extent": null,
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    {
      "path": "section/27",
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      "number": "27",
      "heading": "Existing trusts",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-27",
      "extent": null,
      "status": null,
      "parent": "part/IV/crossheading/supplementary"
    },
    {
      "path": "part/V",
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      "number": "V",
      "heading": "REMUNERATION",
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      "parent": null
    },
    {
      "path": "section/28",
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      "number": "28",
      "heading": "Trustee's entitlement to payment under trust instrument",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-28",
      "extent": null,
      "status": null,
      "parent": "part/V"
    },
    {
      "path": "section/29",
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      "heading": "Remuneration of certain trustees",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-29",
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    {
      "path": "section/30",
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      "heading": "Remuneration of trustees of charitable trusts",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-30",
      "extent": null,
      "status": null,
      "parent": "part/V"
    },
    {
      "path": "section/31",
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      "number": "31",
      "heading": "Trustees' expenses",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-31",
      "extent": null,
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      "parent": "part/V"
    },
    {
      "path": "section/32",
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      "number": "32",
      "heading": "Remuneration and expenses of agents, nominees and custodians",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-32",
      "extent": null,
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    {
      "path": "section/33",
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      "heading": "Application",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-33",
      "extent": null,
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    },
    {
      "path": "part/VI",
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      "number": "VI",
      "heading": "APPOINTMENT AND RETIREMENT OF TRUSTEES",
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    {
      "path": "section/34",
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      "heading": "Appointment or retirement of trustee at instance of beneficiaries",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-34",
      "extent": null,
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    },
    {
      "path": "section/35",
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      "number": "35",
      "heading": "Appointment of substitute for incapable trustee",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-35",
      "extent": null,
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    },
    {
      "path": "section/36",
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      "heading": "Provisions supplementary to sections 34 and 35",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-36",
      "extent": null,
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    {
      "path": "part/VII",
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      "heading": "MISCELLANEOUS AND SUPPLEMENTARY",
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    },
    {
      "path": "part/VII/crossheading/power-to-insure",
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    {
      "path": "section/37",
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      "heading": "Power to insure",
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    },
    {
      "path": "part/VII/crossheading/special-cases",
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    },
    {
      "path": "section/38",
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      "heading": "Personal representatives",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-38",
      "extent": null,
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      "parent": "part/VII/crossheading/special-cases"
    },
    {
      "path": "section/39",
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      "heading": "Pension schemes",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-39",
      "extent": null,
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    },
    {
      "path": "section/40",
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      "heading": "Authorised unit trusts",
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      "extent": null,
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      "parent": "part/VII/crossheading/special-cases"
    },
    {
      "path": "section/41",
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      "heading": "Common investment schemes for charities",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-41",
      "extent": "N.I.",
      "status": null,
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    },
    {
      "path": "section/42",
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      "heading": "The Crown",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-42",
      "extent": null,
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    {
      "path": "part/VII/crossheading/supplementary",
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      "path": "section/43",
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      "heading": "Interpretation",
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      "path": "section/44",
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      "heading": "Amendments, transitional and saving provisions and repeals",
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      "extent": null,
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      "path": "section/45",
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      "heading": "Commencement",
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    },
    {
      "path": "section/46",
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      "number": "46",
      "heading": "Short title",
      "url": "https://openlegislation.uk/trustee-act-northern-ireland-2001/section-46",
      "extent": null,
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    },
    {
      "path": "schedule/1",
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      "heading": "APPLICATION OF DUTY OF CARE",
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    {
      "path": "schedule/1/crossheading/investment",
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    },
    {
      "path": "schedule/1/paragraph/1",
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      "extent": null,
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      "parent": "schedule/1/crossheading/investment"
    },
    {
      "path": "schedule/1/crossheading/acquisition-of-land",
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      "heading": "Acquisition of land",
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    },
    {
      "path": "schedule/1/paragraph/2",
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    },
    {
      "path": "schedule/1/crossheading/agents-nominees-and-custodians",
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    },
    {
      "path": "schedule/1/paragraph/3",
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      "extent": null,
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    {
      "path": "schedule/1/crossheading/compounding-of-liabilities",
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      "heading": "Compounding of liabilities",
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    },
    {
      "path": "schedule/1/paragraph/4",
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    },
    {
      "path": "schedule/1/crossheading/insurance",
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      "heading": "Insurance",
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    },
    {
      "path": "schedule/1/paragraph/5",
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