Article 31 Auditing of Trust Accounts

Without prejudice to the provisions of Legislative Decree No. (26 of 1996), with respect to Auditors, the Trustee must appoint at the beginning of each year one or more well qualified and experienced auditors, to audit the accounts of the Trust, unless the Trust Instrument or a subsequent agreement or the nature of dealing with the Trust Property require otherwise.

The fees of the auditors shall be paid out of the Trust Property.