35 Appointments of trustees of settlements and [F1and trustees of land].E+W
[F2(1)Appointments of new trustees of land and of new trustees of any trust of the proceeds of sale of the land shall, subject to any order of the court, be effected by separate instruments, but in such manner as to secure that the same persons become trustees of land and trustees of the trust of the proceeds of sale.]
(2)Where new trustees of a settlement are appointed, a memorandum of the names and addresses of the persons who are for the time being the trustees thereof for the purposes of the M1Settled Land Act, 1925, shall be endorsed on or annexed to the last or only principal vesting instrument by or on behalf of the trustees of the settlement, and such vesting instrument shall, for that purpose, be produced by the person having the possession thereof to the trustees of the settlement when so required.
[F3(3)Where new trustees of land are appointed, a memorandum of the persons who are for the time being the trustees of the land shall be endorsed on or annexed to the conveyance by which the land was vested in trustees of land; and that conveyance shall be produced to the persons who are for the time being the trustees of the land by the person in possession of it in order for that to be done when the trustees require its production.]
(4)This section applies only to settlements and dispositions of land.
Textual Amendments
F1Words "and trustees of land" substituted for "dispositions on trust for sale of land" (1.1.1997) by 1996 c. 47, s. 25(1), Sch. 3 para. 10(10)(c) (with ss. 24(2), 25(4)); S.I. 1996/2974, art.2
F2S. 35(1) substituted (1.1.1997) by 1996 c. 47, s. 25(1), Sch. 3 para. 3(10)(a) (with ss. 24(2), 25(4)); S.I. 1996/2974, art.2
F3S. 35(3) substituted (1.1.1997) by 1996 c. 47, s. 25(1), Sch. 3 para. 3(10)(b) (with ss. 24(2), 25(4)); S.I. 1996/2974, art.2
Marginal Citations