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SETTLED LAND ACT 1882 - SECT 38



38.(1) If at any time there are no trustees of a settlement within the
definition in this Act, or where in any other case it is expedient, for
purposes of this Act, that new trustees of a settlement be appointed, the
Court may, if it thinks fit, on the application of the tenant for life or any
other person having, under the settlement, an estate or interest in the
settled land, in possession, remainder, or otherwise, or, in the case of an
infant, of his testamentary or other guardian, or next friend, appoint fit
persons to be trustees under the settlement for purposes of this Act.

(2) The persons so appointed, and the survivors and survivor of them, while
continuing to be trustees or trustee, and, until the appointment of new
trustees, the personal representatives or representative for the time being of
the last surviving or continuing trustee, shall for purposes of this Act
become and be the trustees or trustee of the settlement.


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© 1882 Crown Copyright

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