Trust Act 1882
Sections |
Content |
Case Laws |
PREAMBLE | Preamble | CaseLaw |
1 | Short title commencement local extent savings | CaseLaw |
2 | Repeal of enactments | CaseLaw |
3 | Interpretation-clause | CaseLaw |
4 | Lawful purpose | |
5 | Trust of immoveable property | CaseLaw |
6 | Creation of trust | CaseLaw |
7 | Who may create trusts | |
8 | Subject of trust | |
9 | Who may be beneficiary | |
10 | Who may be trustee | CaseLaw |
11 | Trustee to execute trust | CaseLaw |
12 | Trustee to inform himself of state of trust-property | |
13 | Trustee to protect title to trust-property | CaseLaw |
14 | Trustee not to set up title adverse to beneficiary | |
15 | Care required from trustee | CaseLaw |
16 | Conversion of perishable property | CaseLaw |
17 | Trustee to be impartial | CaseLaw |
18 | Trustee to prevent waste | CaseLaw |
19 | Accounts and information | CaseLaw |
20 | Investment of trust-money | |
20-A | Power to purchase redeemable stock at a premium | |
21 | Mortgage of land pledged to Government under act | |
22 | Sale by trustee directed to sell within specified time | |
23 | Liability for breach of trust | |
24 | No set-off allowed to trustee | |
25 | Non-liability for predecessor’s default | |
26 | Non-liability for co-trustee’s default, joining in receipt for conformity | |
27 | Several liability of co-trustees, contribution as between co-trustees | |
28 | Non-liability of trustee paying without notice of transfer by beneficiary | |
29 | Liability of trustee where beneficiary’s interest if forfeited to the Government | |
30 | Indemnity of trustees | |
31 | Right to title-deed | |
32 | Right to reimbursement of expenses | |
33 | Right to indemnity from gainer by breach of trust | |
34 | Right to apply to Court for opinion in management of trust-property | CaseLaw |
35 | Right to settlement of accounts | |
36 | General authority of trustee | CaseLaw |
37 | Power to sell in lots and either by public auction or private contract | CaseLaw |
38 | Power to sell under special conditions | CaseLaw |
39 | Power to convey | CaseLaw |
40 | Power to vary investments | |
41 | Power to apply property of minors etc for their maintenance etc | |
42 | Power to give receipts | |
43 | Power to compound etc | |
44 | Power to several trustees of whom one disclaims or dies | |
45 | Suspension of trustee’s powers by decree | |
46 | Trustee cannot renounce after acceptance | |
47 | Trustee cannot delegate | |
48 | Co-trustee cannot act singly | CaseLaw |
49 | Control of discretionary power | |
50 | Trustee may not charge for services | |
51 | Trustee may not use trust-property for his own profit | |
52 | Trustee for sale or his agent may not buy | |
53 | Trustee may not buy beneficiary’s interest without permission | |
54 | Co-trustee may not lend to one of themselves | |
55 | Right to rents and profits | |
56 | Right to specific execution | CaseLaw |
57 | Right to inspect and take copies of instrument of trust accounts act | |
58 | Right to transfer beneficial interest | |
59 | Right to sue for execution of trust | CaseLaw |
60 | Right to proper trustees | |
61 | Right to compel to any act of duty | CaseLaw |
62 | Wrongful purchase by trustee | |
63 | Following trust-property into the hands of third person; | |
64 | Saving of rights of certain transferees | |
65 | Acquisition by trustee of trust-property wrongfully converted | |
66 | Right in case of blended property | |
67 | Wrongful employment by partner-trustee of trust-property for partnership purposes | |
68 | Liability of beneficiary joining in breach of trust | |
69 | Rights and liabilities of beneficiary’s transferee | |
70 | Office how vacated | |
71 | Discharge of trustee | |
72 | Petition to be discharged from trust | |
73 | Appointment of new trustees on death etc | CaseLaw |
74 | Appointment by Court | CaseLaw |
75 | Vesting of trust-property in new trustees | |
76 | Survival of trust | |
77 | Trust how extinguished | |
78 | Revocation of trust | |
79 | Revocation not to defeat what trustees have duly done | |
80 | Where obligation in nature of trust in created | |
81 | Where it does not appear that transferor intended to dispose of beneficial interest | CaseLaw |
82 | Transfer to one for consideration paid by another | CaseLaw |
83 | Trust incapable of execution or executed without exhausting trust-property | |
84 | Transfer for illegal purpose | |
85 | Bequest for illegal purpose | |
86 | Transfer pursuant to rescindable contract | |
87 | Debtor becoming creditor’s representative | |
88 | Advantage gained by fiduciary | CaseLaw |
89 | Advantage gained by exercise of undue influence | CaseLaw |
90 | Advantage gained by qualified owner | CaseLaw |
91 | Property acquired with notice of existing contract | CaseLaw |
92 | Purchase by person contracting to buy property to be held on trust | |
93 | Advantage secretly gained by one of several compounding | |
94 | Constructive trusts in cases not expressly provided for | CaseLaw |
95 | Obligor’s duties liabilities and disabilities | |
96 | Saving of rights of bona fide purchasers | |
SCHEDULE | Schedule |