# Trusts of Land and Appointment of Trustees Act 1996, Paragraph 7


Where at the commencement of this Act any land is held on trust for sale, or on the statutory trusts, by virtue of Schedule 1 to the Law of Property Act 1925 (transitional provisions), it shall after that commencement be held in trust for the persons interested in the land; and references in that Schedule to trusts for sale or trustees for sale or to the statutory trusts shall be construed accordingly.

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Source: https://www.legislation.gov.uk/ukpga/1996/47/schedule/2/paragraph/7 (the official version)
Page: https://openlegislation.uk/trusts-of-land-and-appointment-of-trustees-act-1996/schedule-2/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.