# Building Societies Act 1986, Paragraph 3

Extent: E+W+S+N.I.

Where an investment is held on trust for any person absolutely entitled to it, or as the case may be, for two or more persons so entitled jointly, that person or, as the case may be, those persons jointly shall be treated as entitled to the investment without the intervention of any trust.

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Source: https://www.legislation.gov.uk/ukpga/1986/53/schedule/6/paragraph/3 (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/schedule-6/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.