Commonwealth Consolidated Acts Commonwealth Consolidated ActsSubject to section 138, while a person is acting as trustee under this Part:
(a) the person has and may exercise all the rights, title and powers, and must perform all the functions and duties, of the trustee; and
(b) the entity's governing rules, this Act, the regulations, the prudential standards and any other law apply in relation to the person as if the person were the trustee.