Singapore legislation

Clause 42

of Trustees Bill

Clause 42

Evidence as to a vacancy in a trust

(1)

A statement contained in any instrument coming into operation on or after the 1st day of September 1929, by which a new trustee is appointed for any purpose connected with land, to the effect that a trustee has remained out of Singapore for more than twelve months or refuses or is unfit to act, or is incapable of acting, or that he is not entitled to a beneficial interest in the trust property in possession, shall, in favour of a purchaser of a legal estate, be conclusive evidence of the matter stated.

(2)

In favour of such purchaser any appointment of a new trustee depending on that statement, and any vesting declaration, express or implied, consequent on the appointment, shall be valid.