The guidance in CIS 7.8.2 G (Valuation and pricing) and the rest of CIS 7 relate to the powers and duties of the manager and the trustee. In addition, both the manager and the trustee have fiduciary duties under the general law relating to trusts, and powers and duties under other chapters of this sourcebook and the trust deed.
The trustee has duties of oversight and is responsible for the title to investments.
This chapter also contains provisions relating to:
Status: You are viewing the version of the handbook as on 2005-06-30.