Section 24 Appointment of trustees of land.F1
England and Wales
The persons having power to appoint new trustees of land shall be bound to appoint the same persons (if any) who are for the time being trustees of any trust of the proceeds of sale of the land.
A purchaser shall not be concerned to see that subsection (1) of this section has been complied with.
This section applies whether the trust of land and the trust of proceeds of sale are created, or arise, before or after the commencement of this Act.
Annotations
Textual amendments
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S. 24 (and the heading immediately preceding it) substituted (1.1.1997) for s. 24 by 1996 c. 47, s. 25(1), Sch. 3 para. 4(7) (with ss. 24(2), 25(4)); S.I. 1996/2974, art.2
Notes on Trusts of land
Textual amendments
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S. 24 (and the heading immediately preceding it) substituted (1.1.1997) for s. 24 by 1996 c. 47, s. 25(1), Sch. 3 para. 4(7) (with ss. 24(2), 25(4)); S.I. 1996/2974, art.2