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Section 17: Nature 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.

17. Nature of beneficial interest (1) The interest of a beneficiary is movable property and, subject to the terms of the trust, freely transmissible. T22 – 9 [Issue 1] Trusts Act (2) Subject to the terms of the trust, the interest of a beneficiary may be sold, pledged, charged, transferred or otherwise dealt with.

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