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The Trustee Act 2000 (c. 29) is an act of the Parliament of the United Kingdom that regulates the duties of trustees in English trust law.Reform in these areas had been advised as early as 1982, and finally came about through the Trustee Bill 2000, based on the Law Commission's 1999 report "Trustees' Powers and Duties", which was introduced to the House of Lords in January 2000.
UK trust law permits ethical investment policies, to divest from assets beneficiaries object to or promote particular causes. [230] A trust deed may expressly allow it, or otherwise trustees must simply not make financially detrimental decisions and sufficiently diversify investments under the Trustee Act 2000 section 4(3). [231]
An Act to make new provision about trusts of land including provision phasing out the Settled Land Act 1925, abolishing the doctrine of conversion and otherwise amending the law about trusts for sale of land; to amend the law about the appointment and retirement of trustees of any trust; and for connected purposes. Citation: 1996 c. 47: Dates
The modern law's sources derive from the old courts of common law and equity, and legislation such as the Law of Property Act 1925, the Settled Land Act 1925, the Land Charges Act 1972, the Trusts of Land and Appointment of Trustees Act 1996 and the Land Registration Act 2002. At its core, English land law involves the acquisition, content and ...
An Act to consolidate the Export Guarantees Act 1975, [j] (as amended by section 4 of the International Finance, Trade and Aid Act 1977 [k] and Schedule 1 to that Act), and sections 1 and 2 of the Overseas Investment and Export Guarantees Act 1972. [l] (Repealed by Export and Investment Guarantees Act 1991 (c. 67))
A settlement is defined by s2(1) of the 1882 act as "any land or any estate or interest in land, which stands for the time being limited to or in trust for any persons by way of succession". Basically, whenever a document creates a succession of interests in land the Settled Land Acts will apply.
The Trustee Investments Act 1961 (9 & 10 Eliz. 2. c. 62) was an Act of the Parliament of the United Kingdom that covers where trustees can invest trust funds. Given the royal assent on 3 August 1961, it removed the "Statutory Lists" system and replaced it with sets of specific investment areas. The Act was heavily criticised for the way it set ...
An Act for better securing trust funds, and for the relief of trustees (10 & 11 Vict. c. 96) is sometimes called the Trustee Relief Act 1847; 11 & 12 Vict. c. 68 is sometimes called the Trustee Relief (Ireland) Act 1848; An Act for the further relief of trustees (12 & 13 Vict. c. 74) is sometimes called the Trustee Relief Act 1849