Part 11A: Part 11A: The Protector
Amended (as from 24th December 2017).
Article 61 - The Protector(1) A
Trust Instrumentmay contain provisions by virtue of which the exercise by the Trusteesof any of their powers is subject to the previous consent of the Settloror some other Personas Protector, and if so provided in the Trust Instrumentthe Trusteesis not liable for any loss caused by their actions if the previous consent was given and the Trusteesacted in good faith.(2) The Trust Instrumentmay confer on the Settloror on the Protector any power, including without limitation the power to:(A) determine the law of the jurisdiction which will be the Governing Lawof the Trust;(B) change the forum of administration of the Trust;(C) remove Trustees;(D) appoint new or additional Trustees;(E) exclude any Personas a Beneficiary;(F) add any Personas a Beneficiaryin addition to any existing Beneficiary;(G) give or withhold consent to specified actions of the Trusteeeither conditionally or unconditionally; or(H) release any of the Protector's powers.(3) A Personexercising any one or more of the powers set forth in Article 61(2) will not by virtue only of such exercise be deemed to be a Trustee.(4) A Personmay charge reasonable remuneration for its services as Protector unless otherwise provided by the Trust Instrument. Amended (as from 24th December 2017).