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(b) a trustee shall not be chargeable with breach of trust by reason only of his having made or concurred in making any such appoint- ment; and the production of any such deed by the solicitor shall have the same statutory validity and effect as if the person appointing the solicitor had not been a trustee; (c) a trustee may appoint a banker or solicitor to be his agent to receive and give a discharge for any money payable to the trustee under or by virtue of a policy of insurance, by per- mitting the banker or solicitor to have the custody of and to produce the policy of insurance with a receipt signed by the trustee, and a trustee shall not be chargeable with a breach of trust by reason only of his having made or concurred in making any such appointment:
Provided that nothing in this sub-section shall ex- empt a trustee from any liability which he would have incurred if this Ordinance and any enactment replaced by this Ordinance had not been passed, in case he permits any such money, valuable consideration, or property to remain in the hands or under the control of the banker or solicitor for a period longer than is reasonably necessary to enable the banker or solicitor, as the case may be, to pay or transfer the same to the trustee.
This sub-section applies whether the money or valu- able consideration or property was or is received before or after the commencement of this Ordinance.
26. Where an undivided share in the proceeds of Power to sale of land directed to be sold, or in any other pro- concur with perty, is subject to a trust, or forms part of the estate others. of a testator or intestate, the trustees or personal c. 19, s. 24.
15 Geo. 5, representatives may (without prejudice to the trust for sale affecting the entirety of the land and the powers of the trustees for sale in reference thereto) execute or exercise any trust or power vested in them in relation to such share in conjunction with the per- sons entitled to or having power in that behalf over the other share or shares, and notwithstanding that any one or more of the trustees or personal represen- tatives may be entitled to or interested in any such other share, either in his or their own right or in a fiduciary capacity.
abroad.
27.-(1) A trustee intending to remain out of the Power to Colony for a period exceeding one month may, not- delegate withstanding any rule of law or equity to the contrary, trusts during by power of attorney, delegate to any person (includ- absence ing a trust corporation) the execution or exercise dur- 15 Geo. 5, ing his absence from the Colony of all or any trusts, c. 19, s. 25. powers and discretions vested in him as such trustee, either alone or jointly with any other person or per-
sons:
Provided that a person being the only other co- trustee and not being a trust corporation shall not be appointed to be an attorney under this sub-section.
(2) The donor of a power of attorney given under this section shall be liable for the acts or defaults of the donee in the same manner as if they were the acts or defaults of the donor.
(3) The power of attorney shall not come into opera- tion unless and until the donor is out of the Colony and shall be revoked by his return.
(4) The power of attorney shall be attested by at least one witness, and shall be deposited in the Registry of the Supreme Court, within ten days after the execution thereof, or where not executed in the