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Version status: In force | Document consolidation status: Updated to reflect all known changes
Published date: 22 September 1893

Trustee Act, 1893 (No. 53)

Comparing proposed amendment...
Introductory Text
Part I Investments (ss. 1-9)
In force
1. Authorised investments.
In force
2. Purchase at a premium of redeemable stocks.
In force
3. Discretion of trustees.
In force
4. Application of preceding sections.
In force
5. Enlargement of express powers of investment.
In force
6. Power to invest, notwithstanding drainage charge.
In force
7. Trustees not to convert inscribed stock into certificates to bearer.
In force
8. Loans and investments by trustees not chargeable as breaches of trust.
In force
9. Liability or loss by reason of improper investments.
Part II Various Powers and Duties of Trustees (ss. 10-24)
Appointment of New Trustees (ss. 10-12)
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10. Power of appointing new trustees.
In force
11. Retirement of trustee.
In force
12. Vesting of trust property in new or continuing trustees.
Purchase and Sale (ss. 13-16)
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13. Power of trustee for sale to sell by auction, c.
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14. Power to sell subject to depreciatory conditions.
In force
15. Power to sell under 37 38 Vict. c. 78.
Repealed
16. Married woman as bare trustee may convey.
Various Powers and Liabilities (ss. 17-24)
In force
17. Power to authorise receipt of money by banker or solicitor.
In force
18. Power to insure building.
In force
19. Power of trustees of renewable leaseholds to renew and raise money for the purpose.
In force
20. Power of trustee to give receipts.
Repealed
21. Power for executors and trustees to compound, c.
In force
22. Powers of two or more trustees.
In force
23. Exoneration of trustees in respect of certain powers of attorney.
In force
24. Implied indemnity of trustees.
Part III Powers of the Court (ss. 25-46)
Appointment of New Trustees and Vesting Orders (ss. 25-41)
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25. Power of the Court to appoint new trustees.
In force
26. Vesting orders as to land.
In force
27. Orders as to contingent rights of unborn persons.
In force
28. Vesting order in place of conveyance by infant mortgagee.
In force
29. Vesting order in place of conveyance by heir, or devisee of heir, c., or personal representative of mortgagee.
In force
30. Vesting order consequential on judgment for sale or mortgage of land.
In force
31. Vesting order consequential on judgment for specific performance, c.
In force
32. Effect of vesting order.
In force
33. Power appoint person to convey.
In force
34. Effect of vesting order as to copyhold.
In force
35. Vesting orders as to stock and choses in action.
In force
36. Persons entitled to apply for orders.
In force
37. Powers of new trustee appointed by Court.
In force
38. Power to charge costs on trust estate.
In force
39. Trustees of charities.
In force
40. Orders made upon certain allegations to be conclusive evidence.
In force
41. Application of vesting order to land out of England.
Payment into Court by Trustees (s. 42)
In force
42. Payment into Court by trustees.
Miscellaneous (ss. 43-46)
In force
45. Power to make beneficiary indemnify for breach of trust.
In force
46. Jurisdiction of palatine and county courts.
In force
44. Power to sanction sale of land or minerals separately.
In force
43. Power to give judgment in absence of a trustee.
Part IV Miscellaneous and Supplemental (ss. 47-54)
In force
53. Short title.
In force
48. Trust estates not affected by trustee becoming a convict.
In force
49. Indemnity.
In force
50. Definitions.
Repealed
51. Repeal.
In force
52. Extent of Act.
Repealed
54. Commencement.
In force
47. Application to trustees under Settled Land Acts of provisions as to appointment of trustees.
Repealed
Schedule