Trustee’s decisions Sample Clauses
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 ▇▇▇▇▇▇▇ in the execution of the trusts of this ▇▇▇▇. 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.
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 ▇▇▇▇▇▇▇ in the execution of the trusts of this ▇▇▇▇. 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. 51fi259-vfl2\W9ASYDWX:S3\B2C103:.nOOAK3 -20- 21/10/02-9.35
Trustee’s decisions. The Trustee may decide, or must if requested to do so by the Management Panel:
(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