24. Power to seek assistance
The Trustees may employ and pay for such professional or other assistance as they may consider advisable in the discharge of their duties as Trustees
25. Power to pay expenses
The Trustees may pay out of capital or income as they think fit any expenses properly incurred in connection with the administration hereof
26. Power to allocate to capital and/or income
The Trustees may allocate any sum received or disbursed as on account of capital or income or partly on account of one and partly on account of the other and in such proportions as they think fit
27. Power of appropriation
The Trustees may appropriate partition or apportion any property comprised in the Trust Fund in or towards satisfaction of any share or interest in the Trust Fund or the income thereof in such manner as the Trustees shall in their discretion without the necessity of obtaining any consent consider just according to the respective rights of the persons interested
28. Power in respect of Beneficiaries suffering from Incapacity
The Trustees may pay or transfer to the parent or guardian of any infant Beneficiary or to the receiver or curator of any other person suffering from Incapacity any part of the Trust Fund or the income thereof as may fall to be paid or transferred to such Beneficiary by virtue of any of the provisions of this Settlement. The receipt of such parent guardian receiver or curator shall be a sufficient discharge to the Trustees for any money or other property so paid or transferred
29. Power to give indemnities
The Trustees shall have power at any time to indemnify to the extent permitted by law any persons who have at any time been Trustee of this Settlement and each of them and its respective officers employees estates and effects from and against all and any actions proceedings costs claims and demands (including without limiting the foregoing liabilities whether or not then existing in respect of any duty tax or fiscal imposition arising from or otherwise in connection with the trusts hereof) and to provide security out of the Trust Fund for such indemnity in such manner as the Trustees shall in their discretion think fit
30. Power as experts to determine questions arising
The Trustees may as experts determine any questions and matters of fact or mixed fact and law which may arise in the course of the management administration realisation liquidation partition or winding up of the Trust Fund
31. Power to participate in legal proceedings
The Trustees may institute and defend proceedings at law and proceed to the final determination thereof or compromise the same as they shall in their discretion think fit and shall be entitled to their reasonable costs out of the Trust Fund so long as acting in good faith
32. Power to compromise
The Trustees may compromise and settle for such consideration and upon such terms and conditions as they shall in their discretion think fit all matters arising in relation to the trusts hereby created or the Trust Fund and the exercise of their discretion in good faith shall be unchallengeable
33. Power to keep accounts and have them audited
The Trustees may have trust accounts audited annually by a firm of professionally qualified accountants selected by the Trustees
34. Overseeing management of companies
The Trustees shall not be required to interfere in the management or conduct of the business of any company securities of which comprise the whole or part of the Trust Fund and may (in the absence of actual knowledge that the affairs of the company are not being properly managed) leave the conduct of the company’s business including the payment or non-payment of dividends wholly to the company’s directors
35. Exercise of Trustees’ discretions
The Trustees shall exercise the discretions (each of which shall subject to any provision to the contrary contained herein be absolute) and powers vested in them as they shall think fit for the benefit of all or any of the Beneficiaries and may exercise (or refrain from exercising) any discretion or power for the benefit of any of them without being obliged to consider the interests of the others. Every decision and action of the Trustees whether actually made or taken in writing or implied from the acts of the Trustees shall be conclusive and binding on all the Beneficiaries if made or taken in good faith. No power or discretion vested in the Trustees may be exercised at any time in a manner which would or might infringe any applicable rule governing the remoteness of vesting
36. Power to release powers
The Trustees may during the Trust Period by Deed or Deeds revocable or irrevocable release in whole or in part any power right or discretion vested in them under this Settlement
37. Power to accept additions
The Trustees may accept additions to the Trust Fund whether or not subject to any conditions whether imposed by the transferor or by themselves to protect themselves from possible liabilities and (if they think fit) administer them as one fund therewith for all purposes