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 6 · Charitable Trusts
77. Payments on transfers in reliance on corporate seal protected
Feedback & supportAny person who makes or permits to be made any transfer or payment bona fide, in reliance on any instrument to which the common seal of any body corporate created under this Part is affixed, is to be indemnified and protected in respect of the transfer or payment, despite any defect or circumstance affecting the execution of the instrument.
transfer
Defined · s 3
“transfer”, in relation to stock or securities, includes the performance and execution of every deed, power of attorney, act, and thing on the part of the transferor to effect and complete the title in the transferee;