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TRUSTEE ACT (NORTHERN IRELAND) 1958 - SECT 43



43.(1) Subject to sub-section (2), where

(a)the court appoints or has appointed a trustee, or where a trustee has been
appointed out of court under any statutory or express power; or

(b)a trustee entitled to or possessed of any land or estate or interest
therein, whether by way of mortgage or otherwise, or entitled to a
contingent right therein, either solely or jointly with any other person

(i)is an infant; or

(ii)is out of the jurisdiction of the High Court; or

<(iii)cannot be found, or, being a corporation, has been dissolved; or


(c)it is uncertain who was the survivor of two or more trustees jointly
entitled to or possessed of any estate or interest in land; or

(d)it is uncertain whether the last trustee known to have been entitled to or
possessed of any estate or interest in land is living or dead; or

(e)there is no personal representative of a deceased trustee who was entitled
to or possessed of any estate or interest in land, or where it is uncertain
who is the personal representative of a deceased trustee who was entitled to
or possessed of any estate or interest in land; or

(f)a trustee jointly or solely entitled to or possessed of any estate or
interest in land, or entitled to a contingent right therein, has been
required, by or on behalf of a person entitled to require a conveyance of the
land or estate or interest or a release of the right, to convey the land or
estate or interest or to release the right, and has wilfully refused or
neglected to convey the land or estate or interest or release the right for
twenty-eight days after the date of the requirement; or

(g)land or any estate or interest therein is vested in a trustee whether by
way of mortgage or otherwise, and it appears to the court to be expedient;

(2) Where an order made under sub-section (1)

(a)is consequential on the appointment of a trustee the land or estate or
interest therein shall be vested for such estate or interest as the court may
direct in the persons who on the appointment are the trustees; and

(b)relates to a trustee entitled or formerly entitled jointly with another
person, and such trustee is an infant or out of the jurisdiction of the High
Court or cannot be found, or being a corporation has been dissolved, the land
estate interest or right shall be vested in such other person who remains
entitled, either alone or with any other person the court may appoint.


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© 1958 Crown Copyright

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