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Trusts of Land and Appointment of Trustees Act 1996

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This is the original version (as it was originally enacted).

Trusts deemed to arise in 1926

7Where at the commencement of this Act any land is held on trust for sale, or on the statutory trusts, by virtue of Schedule 1 to the [1925 c. 20.] Law of Property Act 1925 (transitional provisions), it shall after that commencement be held in trust for the persons interested in the land; and references in that Schedule to trusts for sale or trustees for sale or to the statutory trusts shall be construed accordingly.

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