(1) Scotch College may—
(a) act as trustee of; or
(b) appoint another person (including a person related to, or associated with, Scotch College in any way) to act as trustee of—
a common fund.
(2) At any time Scotch College may remove from office a trustee appointed by it under sub‑section (1)(b) and appoint another trustee in place of the removed trustee.