OF THE RIGHTS AND LIABILITIES OF THE BENEFICIARY
Acquisition by trustee of trust-property wrongfully converted
65. Where a trustee wrongfully sells or otherwise transfers trust-property and after wards himself becomes the owner of the property, the property again becomes subject to the trust, notwithstanding any want of notice on the part of intervening transferees in good faith for consideration.
Copyright © 2019, Legislative and Parliamentary Affairs Division
Ministry of Law, Justice and Parliamentary Affairs