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Settlors, trustees and personal representatives
53. The financial promotion restriction does not apply to any communication which is made between—
(a)a person when acting as a settlor or grantor of a trust, a trustee or a personal representative; and
(b)a trustee of the trust, a fellow trustee or a fellow personal representative (as the case may be),
if the communication is made for the purposes of the trust or estate.
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