Section 46Part 9 — Trustees
Number of trustees to act
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Notwithstanding anything in this Law, capital money arising under this Law shall not be paid to fewer than two persons as trustees of a settlement, unless the settlement authorises the receipt of capital trust money of the settlement by one trustee.
Subject thereto, the provisions of this Law referring to the trustees of a settlement apply to the surviving or continuing trustees or trustee of the settlement for the time being.
Defined Terms
capital moneytrusteessettlement