The appointment of a person to act as a trustee by the settlor or pursuant to a power granted by the settlor (expressed in the trust instrument), statute, or equity. A person is legally constituted a trustee who (1) is originally designated as such by the instrument creating the trust, or is duly appointed as such under a power for the purpose contained in that instrument or under a statutory power for the purpose or by a court of competent jurisdiction or under a legally established scheme; and (2) accepts the trust either expressly or by acting in the execution of it. A person may also be constituted a trustee by statute, in which case acceptance of the trust is not essential unless required by statute. A person who is not legally constituted trustee becomes in equity a constructive trustee: (a) where, for want of a legally constituted trustee, trust property becomes in law vested in him; or (b) where he has acquired trust property in circumstances which in equity are deemed to require him to hold it upon the trust to which it was subject when he acquired it; or (c) where he intermeddles with and acts as trustee in relation to trust property, in which case he is also called a trustee de son tort. The number of trustees shall not in any case exceed four, and where more than four persons are named as such trustees, the four first named (who are able and willing to act) shall alone be the trustees, and the other persons named shall not be trustees unless appointed on the occurrence of a vacancy: Trustee Ordinance (Cap 29) s 36(2)(a). However, these restrictions do not apply in the case of land vested in trustees for charitable, ecclesiastical, or public purposes or where the net proceeds of the sale of the property are held for like purposes: s 36(3). See also Trustee; Trustee in bankruptcy.
由財產授予人委任某人作為受託人行事，或按照由財產授予人(在有關的信託文書明訂)、法規或衡平法授予的權力委任。任何人如符合下列條件，則可成為受託人(1) 是設立信託的文書原本所指定的人，或根據載於該文書的權力、或根據法定權力、或藉具司法管轄權的法庭、或根據法律成立的計劃適當地獲委任的人；及(2)藉明示的方式或藉行動執行的方式接納有關的信託。在任何人亦可構成法規上的受託人的情況下，除非法規規定，否則信託的承約並是非必要的。(a) 如缺乏構成法律上的受託人，一人在法律上獲賦予有關的信託財產；或(b) 如他／她在衡平法上被視為要求他／她以信託的形式持有的情況下獲得有關的信託財產（在他／她獲得時是標的）：或 (c) 如他／她擅自處理有關的信託財產，並以信託人的身份行事（在這情況下，他／她被稱為無權信託人／擅自處理他人信託的人），則在法律上未能構成受託人的人在衡平法上成為構定的受託人。受託人的數目在任何情況下均不得超過4名；凡有多於4人被指名為該等受託人，則首4名被指名的人（有能力及願意作為受託人者）須成為受託人，而其他被指名的人不得成為受託人，但因有空缺出現而獲委任的除外：《受託人條例》(第29章)第36(2)(a)條。但凡土地是為慈善、宗教或公眾目的而歸屬受託人者，或售賣財產的淨得益是為同樣目的而持有者，則上述就受託人數目而施加的限制並不適用：第36(3)條。另見 Trustee; Trustee in bankruptcy。

• Manifestly inadequate sentence
• Manner of death
• Manner of manufacture
• Manner of new manufacture
• Manner of service
• Manslaughter
• Mansuetae naturae
• Manufacture
• Manufacturer
• Manuscript
• Map
• Mareva injunction
• Margin
• Margin account
• Marginal cost
• Marginal notes
• Marginal tax rate
• Margin of solvency
• Margin trading
• Marina
• Marine adventure
• Marine inquiry
• Marine insurance policy
• Marine pollution
• Marital coercion