Section 56: Termination 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.
56. Termination of trust
(1) On the termination of a trust, the trust property shall, subject to subsection (2), be distributed by the trustees within a reasonable time in accordance with the terms of the trust to the persons entitled to it.
(2) The trustees may retain sufficient assets to make reasonable provision for liabilities (existing, future, contingent or otherwise).