What is trustee act 1925 section 27?

Answer 1

Section 27 of the Trustee Act 1925 outlines the powers of trustees regarding the sale, investment, and management of trust property. It provides that a trustee can delegate certain functions to agents and allows them to make investments as if they were the absolute owner of the property, provided those investments are authorized by the trust instrument or by law. This section aims to facilitate the effective administration of trusts by granting trustees flexibility in managing trust assets.