OpenLegislation

Section 2 Definitions.F1

Scotland

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In the construction of this Act unless the context otherwise requires—

  • “Trust” shall mean and include—

(a)

any trust constituted by any deed or other writing, or by private or local Act of Parliament, or by Royal Charter, or by resolution of any corporation or public or ecclesiastical body, and

(b)

the appointment of any F2. . .judicial factor by deed, decree, or otherwise;

  • “Trust deed” shall mean and include—

(a)

any deed or other writing, private or local Act of Parliament, Royal Charter, or resolution of any corporation or ecclesiastical body, constituting any trust, and

(b)

any decree, deed, or other writing appointing a F3. . . judicial factor;

  • C1“Trustee” shall mean and include any trustee under any trust whether nominated, appointed, judicially or otherwise, or assumed, whether sole or joint, and whether entitled or not to receive any benefit under the trust or any remuneration as trustee for his services, and shall include any trustee ex officio, executor nominate, F4. . ., and judicial factor;

  • F5. . .

  • F6. . .

  • F7“Judicial factor” shall mean any person holding a judicial appointment as a factor F8. . .on another person’s estate.

  • “Local authority” and “rate” shall have respectively the meanings assigned to these expressions by the M1Local Authorities Loans (Scotland) Act, 1891;

  • “The court” shall mean the Court of Session;

  • . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F9

Annotations

Textual amendments

F1

Act repealed (26.6.2024 for specified purposes) by Trusts and Succession (Scotland) Act 2024 (asp 2), s. 88(3), sch. 2; S.S.I. 2024/164, reg. 2, sch.

F2

S. 2: words in definition of “trust” repealed (1.4.2002) by 2000 asp 4, s. 88(3), Sch. 6; S.S.I. 2001/81, art. 3, Sch. 2

F3

S. 2: words in definition of “trust deed” repealed (1.4.2002) by 2000 asp 4, s. 89(2), Sch. 6; S.S.I. 2001/81, art. 3, Sch. 2

F4

S. 2: words in definition of “trustee” repealed (1.4.2002) by 2000 asp 4, s. 88(3), Sch. 6; S.S.I. 2001/81, art. 3, Sch. 2

F5

S. 2: definition of “curator” and “tutor” repealed (1.4.2002) by 2000 asp 4, s. 88(3), Sch. 6; S.S.I. 2001/81, art. 3, Sch. 2

F6

S. 2: definition of “guardian” repealed (1.4.2002) by 2000 asp 4, s. 88(3), Sch. 6; S.S.I. 2001/81, art. 3, Sch. 2

F7

Definition substituted by Trusts (Scotland) Act 1961 (c. 57), s. 3

F8

S. 2: words in definition of “judicial factor” repealed (1.4.2002) by 2000 asp 4, s. 88(3), Sch. 6; S.S.I. 2001/81, art. 3, Sch. 2

F9

Definition repealed by Statute Law (Repeals) Act 1976 (c. 16), s. 1(1), Sch. 1 Pt. VII

Marginal citations

M1

1891 c. 34.

Modifications

C1

Definition of “Trustee” amended by Succession (Scotland) Act 1964 (c. 41), s. 20