OpenLegislation

Regulation 11 Trusts

Original text. Later amendments are not shown.

Nothing in regulations 7, 9 or 10 prevents a resale right from being—

(a)

held, and exercised in respect of a sale, by any person acting as trustee for the person who would otherwise be entitled to exercise the right (“the beneficiary”); or

(b)

transferred to such a trustee, or from the trustee to the beneficiary.