Trustee Trustee

Trustee - Definition and Overview

Related Words: Accountant, Audience, Auditor, Beholder, Bookkeeper, Cashier, Chamberlain, Comptroller, Controller, Curator, Fiduciary, Getter, Listener

The word trustee is a legal term that refers to a member of a trust, which can be set up for any of a variety of purposes, and is entrusted with the administration of property on behalf of others.

In the case of charities in the UK, a trustee is an unpaid volunteer who undertakes fiduciary responsibilites on behalf of the charity, subject to the provisions of the Charities Act 1993 (http://www.hmso.gov.uk/acts/acts1993/Ukpga_19930010_en_1.htm), which is regulated by the Charity Commission.

UK Legislation

Trustee Delegation Act 1999 (http://www.hmso.gov.uk/acts/acts1999/19990015.htm) specifically covers matters to do with land.
Trustee Act 1925
Trusts of Land and Appointment of Trustees Act 1996 (http://www.hmso.gov.uk/acts/acts1996/1996047.htm#aofs)
Trustee Act 2000 (http://www.hmso.gov.uk/acts/acts2000/20000029.htm#aofs)
Charities Act 1993 (http://www.hmso.gov.uk/acts/acts1993/Ukpga_19930010_en_1.htm)
Copyright 2009 WordIQ.com - Privacy Policy  :: Terms of Use  :: Contact Us  :: About Us
This article is licensed under the GNU Free Documentation License. It uses material from the this Wikipedia article.