TRUSTEE’S DECISIONS. The Trustee may decide: (a) whether any money is to be considered as capital or income; (b) whether any expense, outgoing or other payment ought to be paid out of capital or income; and (c) all questions and matters of doubt xxxxxxx in the execution of the trusts of this deed. Every decision on these matters, whether made on a question actually raised or implied in the acts or proceedings of the Trustee, is conclusive and binds all persons interested under this deed.
Appears in 1 contract
Samples: Trust Deed
TRUSTEE’S DECISIONS. The Trustee may decide:decide:−
(a) whether any money is to be considered as capital or income;
(b) whether any expense, outgoing or other payment ought to be paid out of capital or income; and
(c) all questions and matters of doubt xxxxxxx arising in the execution of the trusts of this deedDeed. Every decision on these matters, whether made on a question actually raised or implied in the acts or proceedings of the Trustee, is conclusive and binds all persons Persons interested under this deedDeed.
Appears in 1 contract
Samples: Deed of Trust
TRUSTEE’S DECISIONS. The Trustee may decide:decide:-
(a) whether any money is to be considered as capital or income;
(b) whether any expense, outgoing or other payment ought to be paid out of capital or income; and
(c) all questions and matters of doubt xxxxxxx in the execution of the trusts of this deedXxxx. Every decision on these matters, whether made on a question actually raised or implied in the acts or proceedings of the Trustee, is conclusive and binds all persons interested under this deedDeed.
Appears in 1 contract
Samples: Deed for Public Ancillary Fund
TRUSTEE’S DECISIONS. The Trustee may decide:
(a) whether any money is to be considered as capital or income;
(b) whether any expense, outgoing or other payment ought to be paid out of capital or income; and
(c) all questions and matters of doubt xxxxxxx in the execution of the trusts of this deed. Every decision on these matters, whether made on a question actually raised or implied in the acts or proceedings of the Trustee, is conclusive and binds all persons interested under this deed.
Appears in 1 contract
Samples: Deed of Trust