Trustee Act 1925: Core legislation defining trustee powers, duties, and administrative provisions including investment powers. Forms the foundation of trust law in England and Wales.
Trustee Act 2000: Modern legislation updating trustee investment powers, establishing statutory duty of care, and covering delegation of trustees' functions.
Money Laundering Regulations 2017: Establishes Trust Registration Service requirements, including registration obligations for express trusts and reporting requirements.
Perpetuities and Accumulations Act 2009: Sets out rules against perpetuities and defines permissible accumulation periods for trusts.
Trusts of Land and Appointment of Trustees Act 1996: Specific legislation governing trusts involving land or property (TOLATA), including trustees' powers and beneficiaries' rights.
Variation of Trusts Act 1958: Legislation enabling the variation of trust terms under certain circumstances, providing flexibility for future changes.
Financial Services and Markets Act 2000: Regulatory framework relevant when trust involves regulated financial activities or investments.
Inheritance Tax Act 1984: Key tax legislation governing inheritance tax implications for trusts, including charges and reliefs.
Income Tax Act 2007: Legislation covering income tax treatment of trust income and distributions.
Taxation of Chargeable Gains Act 1992: Legislation governing capital gains tax treatment of trust assets and disposals.
