Secret commission to trustee in return for substituted appointment
442F Secret commission to trustee in return for substituted appointment
Any person who offers or gives any valuable consideration to a trustee, or any trustee who receives or solicits any valuable consideration for himself or herself or for any other person, without the assent of the persons beneficially entitled to the estate or of a judge of the Supreme Court, as an inducement or reward for appointing or having appointed, or for joining or having joined with another in appointing, or for authorising or having authorised, or for joining or having joined with another in authorising, any person to be appointed in the person’s stead or instead of the person and any other person as trustee, commits a crime. sch 1 pt 6 div 1 ch 42A s 442F ins 1931 22 Geo 5 No. 40 s 7
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