{
  "url": "https://openlegislation.uk/trusts-scotland-act-1921/section-29",
  "json_url": "https://openlegislation.uk/trusts-scotland-act-1921/section-29.json",
  "legislation": "ukpga/Geo5/11-12/58",
  "legislation_title": "Trusts (Scotland) Act 1921",
  "legislation_url": "https://openlegislation.uk/trusts-scotland-act-1921",
  "path": "section/29",
  "kind": "section",
  "number": "29",
  "heading": "Extent of liability of trustee.",
  "text": "Where a trustee shall have improperly advanced trust money on a heritable security which would, at the time of the investment, have been a proper investment in all respects for a less sum than was actually advanced thereon, the security shall be deemed an authorised investment for such less sum, and the trustee shall only be liable to make good the sum advanced in excess thereof with interest.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Act repealed (26.6.2024 for specified purposes) by Trusts and Succession (Scotland) Act 2024 (asp 2), s. 88(3), sch. 2; S.S.I. 2024/164, reg. 2, sch."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/Geo5/11-12/58/section/29",
    "retrieved_at": "2026-10-29T11:51:04.793555+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}