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Trusts of Land and Appointment of Trustees Act 1996

1996 CHAPTER 47

ARRANGEMENT OF SECTIONS

Go to Preamble

  1. Part I

    Trusts of land

    1. Introductory

      1. 1. Meaning of “trust of land”.

    2. Settlements and trusts for sale as trusts of land

      1. 2. Trusts in place of settlements.

      2. 3. Abolition of doctrine of conversion.

      3. 4. Express trusts for sale as trusts of land.

      4. 5. Implied trusts for sale as trusts of land.

    3. Functions of trustees of land

      1. 6. General powers of trustees.

      2. 7. Partition by trustees.

      3. 8. Exclusion and restriction of powers.

      4. 9. Delegation by trustees.

    4. Consents and consultation

      1. 10. Consents.

      2. 11. Consultation with beneficiaries.

    5. Right of beneficiaries to occupy trust land

      1. 12. The right to occupy.

      2. 13. Exclusion and restriction of right to occupy.

    6. Powers of court

      1. 14. Applications for order.

      2. 15. Matters relevant in determining applications.

    7. Purchaser protection

      1. 16. Protection of purchasers.

    8. Supplementary

      1. 17. Application of provisions to trusts of proceeds of sale.

      2. 18. Application of Part to personal representatives.

  2. Part II

    Appointment and retirement of trustees

    1. 19. Appointment and retirement of trustee at instance of beneficiaries.

    2. 20. Appointment of substitute for incapable trustee.

    3. 21. Supplementary.

  3. Part III

    Supplementary

    1. 22. Meaning of “beneficiary”.

    2. 23. Other interpretation provisions.

    3. 24. Application to Crown.

    4. 25. Amendments, repeals etc.

    5. 26. Power to make consequential provision.

    6. 27. Short title, commencement and extent.

  4. Schedules:

    1. Schedule 1

      Provisions consequential on section 2.

    2. Schedule 2

      Amendments of statutory provisions imposing trust for sale.

    3. Schedule 3

      Minor and consequential amendments.

    4. Schedule 4

      Repeals.

An Act to make new provision about trusts of land including provision phasing out the Settled Land Act 1925, abolishing the doctrine of conversion and otherwise amending the law about trusts for sale of land; to amend the law about the appointment and retirement of trustees of any trust; and for connected purposes.

[24th July 1996]

Be it enacted by the Queen’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—

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