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SCHEDULE 3E+W Transitional provisions and savings

The Trustee Act 1925 (c.19)E+W

4(1)Sub-paragraph (2) applies if, immediately before the day on which Part IV of this Act comes into force, a banker or banking company holds any documents deposited with him under section 21 of the 1925 Act (deposit of documents for safe custody).E+W

(2)On and after the day on which Part IV comes into force, the banker or banking company shall be treated as if he had been appointed as custodian of the documents under section 17.