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Part 1Trusts

Chapter 6Private purpose trusts

Supervisors

52Resignation of supervisor

(1)A supervisor has power to resign office by notice in writing sent to the trustees.

(2)The resignation takes effect on receipt of that notice.

(3)But any resignation sent under this section in order to facilitate a breach of trust is of no effect.

(4)This section applies irrespective of when the trust was created.