OpenLegislation

Article 2 Transfer of trust property

Original text. Later amendments are not shown.

(1)

On the date that this Order comes into force the trust property, and any rights and liabilities arising from that property, shall be transferred from the FT to the new trustees.

(2)

In any instrument relating to the trust property, any reference to the name by which the trustees of the trust property are to be known shall be construed as a reference to the new trustees and any reference to the FT in the name by which the charitable trust governing the trust property is to be known shall be construed as a reference to the new trustees.