Commentary on Sections Overview Part 9: Trustees Paragraph 72: Duty to act in accordance with participant’s directions
3164.This paragraph provides that the trust instrument must require the trustees to act in accordance with a participant’s directions.
3165.The paragraph is the first of three that derive from paragraph 71 of Schedule 8. That paragraph is lengthy; and its contents are divided up in the new legislation, to make its contents more accessible. This paragraph derives from sub-paragraphs (1) and (2) of paragraph 71.