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47. Duties of co-trustees to act together

(1) Subject to the terms of the trust, where there is more than one trustee all the trustees shall join in performing the trust.
(2) Subject to Article 47(3), where there is more than one trustee no power or discretion given to the trustees shall be exercised unless all the trustees agree on its exercise.
(3) The terms of a trust may empower trustees to act by a majority but a trustee who dissents from a decision of the majority of the trustees may require his dissent to be recorded in writing.