# Trusts and Succession (Scotland) Act 2024, Section 15: General powers of trustees

Extent: S
Status: prospective

(1) Except in so far as the trust deed expressly provides otherwise (or, in a case where there is no trust deed, the context requires or implies otherwise) the trustees have in relation to the trust property all the powers of a natural person beneficially entitled to the property.
(2) But this section is without prejudice to—
(a) a trustee’s fiduciary duty (including a trustee’s duty to fulfil the trust purposes),
(b) a trustee’s duty of care, and
(c) any restriction or exclusion imposed by or under this Act or any other enactment.
(3) This section applies irrespective of when the trust was created.

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Source: https://www.legislation.gov.uk/asp/2024/2/section/15 (the official version)
Page: https://openlegislation.uk/trusts-and-succession-scotland-act-2024/section-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.