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Trusts (Scotland) Act 1921
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- 1921 c. 58 (Regnal. 11_and_12_Geo_5)
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Trusts (Scotland) Act 1921 is up to date with all changes known to be in force on or before 14 April 2025. There are changes that may be brought into force at a future date.
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Changes and effects yet to be applied to :
- s. 2 words repealed by 2025 asp 3 sch. 2 para. 1(2)(a)
- s. 2 words repealed by 2025 asp 3 sch. 2 para. 1(2)(b)
- s. 2 words substituted by 2025 asp 3 sch. 2 para. 1(2)(c)
- s. 3 words repealed by 2025 asp 3 sch. 2 para. 1(3)
- s. 8(2)(b) words repealed by 2025 asp 3 sch. 2 para. 1(4)(a)
- s. 8(2)(b) words repealed by 2025 asp 3 sch. 2 para. 1(4)(b)
- s. 22 words repealed by 2025 asp 3 sch. 2 para. 1(5)
- s. 24 words repealed by 2025 asp 3 sch. 2 para. 1(5)
- s. 25 repealed by 2025 asp 3 sch. 2 para. 1(6)
4B.Exercise of power of investment: power to appoint nominees
4C.Declaration of power to delegate investment management functions
9.Liferents of personal estate beyond certain limits prohibited.
10.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12.Investment on charges under Improvement of Land Acts, &c.
14.Powers of investment in trust deeds not to be restricted.
15.Trustees not to hold certificates or bonds payable to bearer.
16.The court may authorise the advance of part of the capital of a trust fund.
17.Trustees may apply to court for superintendence order as to investment and distribution of estate.
18.Discharge of trustees resigning and heirs of trustees dying during the subsistence of the trust.
21.Appointment of new or additional trustees by deed of assumption.
24.Completion of title by the beneficiary of a lapsed trust.
26.Powers of court under this Act to be exercised by Lord Ordinary.
28.Resignation of trustee who is also executor to infer resignation as executor.
29A.Errors in distribution: circumstances in which trustee not personally liable
30.Trustee not to be chargeable with breach of trust for lending money on security of any property on certain conditions.
31.Power of court to make orders in case of breach of trust.
36.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SCHEDULES
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