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Section 16: Disclaimer of beneficial interest

Trusts Act · PART III: OBJECTS OF TRUST

consolidated text (as at 2012, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

16. Disclaimer of beneficial interest (1) Subject to the terms of the trust, a beneficiary may disclaim his interest or any part of it, whether or not he has received any benefit from it. (2) A disclaimer shall be in writing and, subject to the terms of the trust, may— (a) be temporary; and (b) where the disclaimer so provides, be revoked in the manner and circumstances specified in the disclaimer. (3) A disclaimer shall not be effective until received by a trustee.

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