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TRUSTEE ACT (NORTHERN IRELAND) 1958 - SECT 37

Evidence as to a vacancy in a trust.

37.(1) A statement, contained in any instrument coming into operation after
the commencement of this Act by which a new trustee is appointed for any
purpose connected with land, to the effect that a trustee has remained out of
the United Kingdom for more than twelve months or refuses or is unfit to act,
or is incapable of acting, or that he is not entitled to a beneficial interest
in the trust property in possession, shall, in favour of a bona fide
purchaser, be conclusive evidence of the matter stated.

(2) In favour of such purchaser any appointment of a new trustee depending on
that statement, and any vesting declaration, express or implied, consequent on
the appointment, shall be valid.


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© 1958 Crown Copyright

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