# Trustee Act (Northern Ireland) 2001, Section 43: Interpretation

Extent: N.I.

(1) In this Act—
“asset” includes any right or interest;
“asset management function” has the meaning given in section 15(5);
“charitable trust” means a trust under which property is held for charitable purposes and “charitable purposes” has the same meaning as in the Charities Act (Northern Ireland) 2008 ;
“custodian” has the meaning given by section 17(2);
“the duty of care” has the meaning given by section 1(2);
“the general power of investment” has the meaning given by section 3(2);
“personal representative” has the same meaning as in the Trustee Act (Northern Ireland) 1958 (c.23);
“settled land” has the same meaning as in the Settled Land Act 1882 (c.38);
“statutory provision” has the same meaning as in section 1(f) of the Interpretation Act (Northern Ireland) 1954 (c.33);
“trust corporation” has the same meaning as in the Trustee Act (Northern Ireland) 1958 (c.23);
“trust funds” means income or capital funds of the trust.
(2) For the purposes of this Act, a statutory provision is not to be regarded as being, or as being part of, a trust instrument.

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Source: https://www.legislation.gov.uk/nia/2001/14/section/43 (the official version)
Page: https://openlegislation.uk/trustee-act-northern-ireland-2001/section-43
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.