Abstract: | A major advance in trust law reform has been achieved by theLaw Commission's recommendation that there should be no radicallegislative change but a substantial shift in practice associatedwith exemptions of clauses in trust instruments. The advance is as much in the way the changes are to be achievedas in the actual proposals (Law Com No 301) that the law Commissionhave put to the government. These were presented with prideto interested parties in the House of Lords late in July. The shift in practice has not been arrived |