In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Trustees Act 1967 · 2020 Revised Edition · Part 3 · General Powers of Trustees and Personal Representatives
19. Protection to purchasers and mortgagees dealing with trustees
Feedback & supportNo purchaser or mortgagee, paying or advancing money on a sale or mortgage purporting to be made under any trust or power vested in trustees, needs to be concerned to see that the money is wanted, or that no more is raised than is wanted, or otherwise as to the application of the money.
mortgagee
Defined · s 3
“mortgage”, “mortgagee” and “mortgagor” include “charge”, “chargee” and “chargor” respectively, and further include and relate to every estate and interest regarded in equity as merely a security for money, and every person deriving title under the original mortgagee;