1 Exercise of trustee functions by attorney

Attorney of trustee with beneficial interest in land

1  Exercise of trustee functions by attorney

(1)     The donee of a power of attorney is not prevented from doing an act in relation to—

(a)     land,

(b)     capital proceeds of a conveyance of land, or

(c)     income from land,

by reason only that the act involves the exercise of a trustee function of the donor if, at the time when the act is done, the donor has a beneficial interest in the land, proceeds or income.

(2)     In this section—

(a)     “conveyance” has the same meaning as in the Law of Property Act 1925, and

(b)     references to a trustee function of the donor are to a function

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