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SETTLED LAND ACT 1882 - SECT 39 

Number of trustees to act.

39.(1) Notwithstanding anything in this Act, capital money arising under
this Act shall not be paid to fewer than two persons as trustees of a
settlement, unless [the trustee is a trust corporation as defined for the
purposes of the Trustee Act (Northern Ireland), 1958, or] the settlement
authorises the receipt of capital trust money of the settlement by one
trustee.

(2) Subject thereto, the provisions of this Act referring to the trustees of a
settlement apply to the surviving or continuing trustees or trustee of the
settlement for the time being.

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© 1882 Crown Copyright

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