Einde inhoudsopgave
Draft Common Frame of Reference
X. — 5:203 Power to authorise agent
Geldend
Geldend vanaf 01-01-2009
- Redactionele toelichting
De dag van de datum van afkondiging is gezet op 01. De datum van inwerkingtreding is de datum van afkondiging.
- Bronpublicatie:
01-01-2009, Internet 2009, ec.europa.eu (uitgifte: 01-01-2009, kamerstukken/regelingnummer: -)
- Inwerkingtreding
01-01-2009
- Bronpublicatie inwerkingtreding:
01-01-2009, Internet 2009, ec.europa.eu (uitgifte: 01-01-2009, kamerstukken/regelingnummer: -)
- Vakgebied(en)
Civiel recht algemeen (V)
EU-recht / Bijzondere onderwerpen
Internationaal privaatrecht / Algemeen
(1)
The trustees may authorise an agent to act on behalf of the trustees and, subject to the restrictions set out in the following Articles of this Section, may entrust to another performance of obligations under the trust.
(2)
Several trustees may authorise one of them to act on their behalf.
(3)
However, personal performance by a trustee is required for decisions as to whether or how to exercise:
- (a)
a discretion to confer benefit on a beneficiary or to choose a public benefit purpose to be advanced or its manner of advancement;
- (b)
a power to change the trustees; or
- (c)
a power to delegate performance of obligations under the trust.
(4)
A person to whom performance of an obligation is entrusted has the same obligations as a trustee, so far as they relate to that performance.
(5)
A trustee is obliged not to conclude, without good reason, a contract of mandate which is not in writing or which includes the following terms:
- (a)
a term conferring an irrevocable mandate;
- (b)
terms excluding the obligations of an agent set out in Book IV. D., Chapter 3, Section 1 (Main obligations of agent) or modifying them to the detriment of the principal;
- (c)
a term permitting the agent to subcontract;
- (d)
terms permitting a conflict of interest on the part of the agent;
- (e)
a term excluding or restricting the agent's liability to the principal for non-performance.
(6)
The trustees are obliged to keep the performance of the agent under review and, if required in the circumstances, give a direction to the agent or terminate the mandate relationship.