(vii) guarantee and execute any deed or document of guarantee of the performance by any person or corporation of any obligation or the payment or discharge by any person or corporation of any debt or liability whether or not any consideration is given for such guarantee; and
(viii) release with or without consideration any power conferred on the trustee by this will or by law including any fiduciary power.
Powers pending payment to a beneficiary
(i) pending the payment of any fund to a beneficiary thereof and while a beneficiary is under any disability, the trustee shall have the same powers to invest, manage, pay and apply such fund as the trustee has over the trust fund.
Power to change powers
(k) The trustee may by deed add to, delete,amend or vary any of the powers given to the trustee hereunder but such variation shall not;
(i) affect any income or capital vested in any beneficiary of any fund; or
(ii) result in any income or capital being paid to any person who is not a beneficiary of the fund.
Power to appoint and dismiss trustee
(i) de GROOTS NOMINEES PTY LTD ACN 086480622 ("the appointor") has
the power in its absolute discretion, to dismiss any trustee and appoint a new trustee or trustees whether to act in addition to or in substitution for any existing trustee and whether or not that person has previously been a trustee.
The power may be exercised with effect from a future date including the date of death of a person, or exercised conditionally, with effect from the fulfillment of the condition (s) set by the appointor. The dismissal of a sole trustee under the provisions of this clause shall take effect only upon the assumption of the trusteeship of these trusts by the duly appointed successor trustee. It will not be necessary to register any instrument by which any trustee is removed or appointed.