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The Trusts Act, 1882

( ACT NO. II OF 1882 )

Chapter IV

OF THE RIGHTS AND POWERS OF TRUSTEES

Right to indemnity from gainer by breach of trust
33. A person other than a trustee who has gained an advantage from a breach of trust must indemnify the trustee to the extent of the amount actually received by such person under the breach; and where he is a beneficiary the trustee has a charge on his interest for such amount.
 
 
 
 
Nothing in this section shall be deemed to entitle a trustee to be indemnified who has, in committing the breach of trust, been guilty of fraud.

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