Article 34 - Resignation of Trustee
(1) Subject to the
Terms of the Trust, a Trustee may resign its office:
(A) by giving at least thirty (30) days' notice in writing to the Beneficiaries, the
Settlor, if living, and all its co- Trustees. Such resignation will take effect upon the expiry of such thirty (30) day notice period or such earlier date as may be agreed between the Trustee resigning and the Settlor, if living, and its co- Trustees;
(B) with the approval of the
QFC Court; or
(C) otherwise in accordance with the
Terms of the Trust.
(2) A resignation given in order to facilitate a breach of trust will have no effect.
|Amended (as from 24th December 2017).|