juris

Section 52: Relief by Court

Trusts Act · PART VII: BREACH 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.

52. Relief by Court (1) The Court may relieve a trustee wholly or partly of liability for a breach of trust, where it appears to the Court that the trustee— (a) has acted honestly and reasonably; and (b) ought fairly to be excused— (i) for the breach of trust; (ii) for omitting to obtain the directions of the Court in the matter in which the breach arose. (2) Where a trustee commits a breach of trust at the instigation, at the request or with the concurrence of a beneficiary, the Court may, whether or not the beneficiary is a minor or a person under legal disability, order— (a) the defaulting beneficiary to indemnify the trustee in respect of the consequences of the breach of trust; and (b) the trustee to appropriate any part of the interest accruing to the beneficiary for that purpose. PART VIII – CONSTRUCTIVE TRUST AND TRACING

Ask juris about this section Official source