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Statutory Instruments
1987 No. 1891
TRUSTEES
The Public Trustee (Custodian Trustee) Rules 1987
Made
28th October 1987
Laid before Parliament
16th November 1987
Coming into force
1st January 1988
The Lord Chancellor, in exercise of the powers conferred upon him by section 14(1) of the Public Trustee Act 1906(1), and with the concurrence of the Treasury, hereby makes the following Rules:
1. These Rules may be cited as the Public Trustee (Custodian Trustee) Rules 1987 and shall come into force on 1st January 1988.
2. Rule 30(1) of the Public Trustee Rules 1912(2) shall be amended by the addition of the following sub-paragraph after sub-paragraph (j):
"(k)any corporation acting as trustee of the trusts of any pension scheme or pension fund established or maintained by the British Broadcasting Corporation, but only in relation to those trusts.".
Havers, C.
Dated 23rd October 1987
We concur,
David Lightbown
Mark Lennox-Boyd
Two of the Lords Commissioners of Her Majesty's Treasury
Dated 28th October 1987
Explanatory Note
(This note is not part of the Rules)
These Rules amend rule 30 of the Public Trustee Rules 1912 so as to include as a corporation entitled to act as custodian trustee any corporation acting as trustee of trusts of any pension scheme or fund established or maintained by the British Broadcasting Corporation.