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The Trusts Act, 1882

( ACT NO. II OF 1882 )

Chapter V

OF THE DISABILITIES OF TRUSTEES

Trustee for sale or his agent may not buy
52. No trustee whose duty it is to sell trust-property, and no agent employed by such trustee for the purpose of the sale, may, directly or indirectly, buy the same or any interest therein, on his own account or as agent for a third person.

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