 The Trustee Act 2000 ( c 29 ) is an Act of the Parliament of the United Kingdom that regulates the duties of trustees in English trust law . Reform in these areas had been advised as early as 1982 , and finally came about through the Trustee Bill 2000 , based on the Law Commission 's 1999 report " Trustees ' Powers and Duties " , which was introduced to the House of Lords in January 2000 . The bill received the Royal Assent on 23 November 2000 and came into force on 1 February 2001 through the Trustee Act 2000 ( Commencement ) Order 2001 , a Statutory Instrument , with the Act having effect over England and Wales . 
