trustee

"trustee" means a person appointed to act as a trustee of a trust in accordance with the provisions of this Act;
ACT 554 - LABUAN TRUSTS ACT 1996
2. Interpretation.

trustee

"trustee" includes every person holding, expressly, by implication or constructively, a fiduciary character. ILLUSTRATIONS (a) Z bequeaths land to A, "not doubting that he will pay thereout an annuity of $1,000 to B for his life." A accepts the bequest. A is a trustee, within the meaning of this Act, for B, to the extent of the annuity. (b) A is the legal, medical, or spiritual adviser of B. By availing himself of his situation as such adviser, A gains some pecuniary advantage which might otherwise have accrued to B. A is a trustee for B, within the meaning of this Act, of the advantage. (c) A, being B's banker, discloses, for his own purpose, the state of B's account. A is a trustee, within the meaning of this Act, for B, of the benefit gained by him by means of the disclosure. (d) A, one of several partners, is employed to purchase goods for the firm. A, unknown to his co-partners, supplies them, at the marketprice, with goods previously bought by himself when the price was lower, and thus makes a considerable profit. A is a trustee, for his co-partners, within the meaning of this Act, of the profit so made. (e) A, the manager of B's indigo-factory, becomes agent for C, a vendor of indigo-seed, and receives, without B's assent, commission on the seed purchased from C for the factory. A is a trustee, within the meaning of this Act, for B, of the commission so received.
ACT 137 - SPECIFIC RELIEF ACT 1950 (REVISED 1974)
2. Interpretation.

trustee

"trustee" in relation to a superannuation scheme, includes any person responsible for the administration or management of the scheme,
PU(A) 314/1987 - SECURITIES INDUSTRY REGULATIONS 1987
2. Definitions.

Trustee

"Trustee" means a person appointed to be a Trustee under sections 5 and 8 and includes a person appointed in the place of a Trustee under section 9.
ACT 18 - HOUSING TRUST ACT 1960 (REVISED - 1970) (Repealed By The Housing Trust (Dissolution) Act 1976 [Act A339])
2. Interpretation.
See Also: Dictionary
See Also: Translator EN-BM