8.3.15 Hypothecation: to perform all acts of alienation, hypothecation and ownership, with respect to the Trust fund as if the Trustee was the beneficial owner of the Trust Fund and the decisions of the Trustee made in writing or implied from the actions of the Trustee are conclusive and binding on the Beneficiaries and others who acquire any interest under this deed;
8.3.16 Legal Action: to institute, join in, pursue, defend, settle, compromise or withdraw from proceedings at law or by way of mediation or arbitration as the Trustee thinks fit;
8.3.17 Act on Advice: to act or not act as the trustee thinks fit, on any advice or opinion of or information obtained from or through a barrister, solicitor, accountant, financial adviser, valuer, broker, auctioneer or other expert without being liable, accountable or responsible for any loss, damage, depreciation or deterioration caused by acting or omitting to act in accordance with that advice, opinion or information;
8.3.18 Development of Property: to prepare land for or to conduct farming operations, to prepare land for building purposes, to erect buildings on and effect improvements to and to demolish and redevelop any part of any property forming all or any part of the Trust Fund;
8.3.19 House Property: to permit one or more unit holder to use, occupy and reside in any house, flat, strata title lot or other residential unit or to use any personal property for whatever period ending on or before the Termination Date, with or without consideration and upon such conditions as the Trustee thinks fit and to insure the residential or personal property against loss or damage, maintain and keep it in good repair, and to pay all rates and taxes assessed or payable in respect of the personal and residential property;
8.3.20 Partnerships and Joint Ventures: to enter into any partnership or joint venture with any person or corporation on whatever terms the Trustee thinks fit and to terminate, vary the terms of or be a party to the partition of the assets of that partnership or joint venture;
8.3.21 Policies: to effect, acquire and maintain policies of life assurance of any kind on the life of or in respect of sickness, disability or accident to any one or more of the Beneficiaries for whatever amount and with whatever company the Trustee thinks fit and the Trustee may surrender any of the policies and assign or otherwise deal with the policies in any way the Trustee thinks fit. Each policy must be in the name of the Trustee and all moneys received by the Trustee in respect of any policy forms part of the Trust Fund;
8.3.22 Exercise Powers Jointly: to exercise any powers vested in the Trustee solely, jointly, in partnership or otherwise in conjunction with any other person