SUPPLEMENT TO TRUSTEE ACTS. 15.1 Section 1 of the Trustee Act 2000 shall not apply to the duties of the Trustee in relation to the trusts constituted by these presents. Where there are any inconsistencies between the Trustee Acts and the provisions of these presents, the provisions of these presents shall, to the extent allowed by law, prevail and, in the case of any such inconsistency with the Trustee Xxx 0000, the provisions of these presents shall constitute a restriction or exclusion for the purposes of that Act. The Trustee shall have all the powers conferred upon trustees by the Trustee Acts and by way of supplement thereto, but subject to Clause 16, it is expressly declared as follows:
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Samples: Agency Agreement, Agency Agreement
SUPPLEMENT TO TRUSTEE ACTS. 15.1 Section 1 of the Trustee Trustees Act 2000 shall not apply to the duties of the Issuer Security Trustee in relation to the trusts constituted by these presentsthis Deed. Where there are any inconsistencies between the Trustee Acts and the provisions of these presentsthis Deed, the provisions of these presents this Deed shall, to the extent allowed by law, prevail and, in the case of any such inconsistency with the Trustee Xxx 0000Act 2000, the provisions of these presents this Deed shall constitute a restriction resxxxxxxxx or exclusion for the purposes of that Act. The Issuer Security Trustee shall have all the powers conferred upon trustees by the Trustee Acts and by way of supplement thereto, but subject to Clause 16, thereto it is expressly declared as follows:set out in the remaining provisions of this Clause 15 (Supplement to Trustee Acts).
Appears in 1 contract
Samples: Granite Finance Trustees LTD
SUPPLEMENT TO TRUSTEE ACTS. 15.1 Section 1 of the Trustee Trustees Act 2000 shall not apply to the duties of the Issuer Security Trustee in relation to the trusts constituted by these presentsthis Deed. Where there are any inconsistencies between the Trustee Acts and the provisions of these presentsthis Deed, the provisions of these presents this Deed shall, to the extent allowed by law, prevail and, in the case of any such inconsistency with the Trustee Xxx 0000Act 2000, the provisions of these presents this Deed shall constitute a restriction xxxxxxxtion or exclusion for the purposes of that Act. The Issuer Security Trustee shall have all the powers conferred upon trustees by the Trustee Acts and by way of supplement thereto, but subject to Clause 16, thereto it is expressly declared as follows:set out in the remaining provisions of this Clause 15 (Supplement to Trustee Acts).
Appears in 1 contract
Samples: Granite Finance Funding 2 LTD