T Settlement
T Settlement [2008] JRC 062 (17 April 2008)
The court held that a trustee’s retirement under section 39(1) of the Trustee Act 1925 did not need a single deed. Related July 2001 deeds validly discharged Ms Stoten.
- Trustee retirement
- Construction of trustee act 1925 s39(1)
- Effectiveness of retirement by deed
- Consent by co-trustees
- Interpretation of statutory requirements
- Implied exercise of powers