Section 32: Nature of trustee’s interest
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.
32. Nature of trustee’s interest
(1) Subject to subsection (2)—
(a) the interest of a trustee or protector in the trust property is limited to that which is necessary for the proper performance of the
trust; and
(b) the trust property does not form part of the estate of the trustee
or of the protector.
(2) Where a trustee or a protector of a trust is also a beneficiary of the
trust, subsection (1) does not apply to his interest as a beneficiary.
(3) Where a trustee or a protector becomes bankrupt, or upon his property becoming liable to arrest, seizure, forfeiture, expropriation or similar
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Revised Laws of Mauritius
process of law, his creditors shall have no recourse against the trust property
except to the extent that the trustee or the protector himself has a claim
against it or a beneficial interest in it.