Paragraph 1 Trusts (Scotland) Act 1921I1

Scotland Not yet in force

(1)

The Trusts (Scotland) Act 1921 is amended as follows.

(2)

In section 2 (definitions)—

(a)

in the definition of “Trust”, paragraph (b) and the word “and” immediately preceding that paragraph are repealed,

(b)

in the definition of “Trust deed”, paragraph (b) and the word “and” immediately preceding that paragraph are repealed, and

(c)

in the definition of “Trustee”, for the words “, executor nominate, and judicial factor” there is substituted “or executor nominate”.

(3)

In section 3 (what trusts shall be held to include), in the proviso, paragraph (3) and the word “and” immediately preceding that paragraph are repealed.

(4)

In section 8(2)(b) (conveyances to non-existing or unidentifiable persons)—

(a)

the words “or judicial factor”, in the second place where they occur, are repealed, and

(b)

the words from “, or a warrant” to “as the case may be” are repealed.

(5)

In each of sections 22 (appointment of new trustees by the court) and 24 (completion of title by the beneficiary of a lapsed trust), the words from “in like manner” to “1874” are repealed.

(6)

Section 25 (completion of title of judicial factors) is repealed.

Annotations

Commencement

I1: Sch. 2 para. 1 not in force at Royal Assent, see s. 54(2)