Interests of beneficiaries under certain trusts
This section has no associated Explanatory Notes
2Paragraphs 3 and 4 apply where property is held in trust—
(a)under the law of Scotland, or
(b)under the law of a country or territory outwith the United Kingdom,
on terms such that, if the trust had effect under the law of England and Wales, a beneficiary would be regarded as having an equitable interest in the trust property.