51. Duties of a trustee or custodian and director under applicable law

Terms defined in s 2

• custodian

  custodian

  Defined · s 2

  “custodian” means a person who is entrusted by an Islamic mutual fund with custody of the property of the fund pursuant to an agreement to that effect;

  Open s 2
• director

  director

  Defined · s 2

  “director”, in relation to a person specified in the first column of the First Schedule, has the meaning set out in the second column of the First Schedule as against such person;

  Open s 2