Trustee Act, 1893, Amendment Act, 1894

TRUSTEE ACT 1893, AMENDMENT ACT 1894

CHAPTER X.

An Act to amend the Trustee Act, 1893. [18th June 1894.]

[S. 1 amends s. 30 of 56 & 57 Vict. c. 53; see that Act.]

Extension to Ireland of 56 & 57 Vict. c. 53 s. 41.

2. The powers conferred on the High Court in England by section forty-one of the Trustee Act, 1893, to make vesting orders as to all land and personal estate in Her Majesty’s dominions except Scotland, are hereby also given to and may be exercised by the High Court in Ireland.

[S. 3 adds certain words to s. 44 of 56 & 57 Vict. c. 53; see that Act.]

Liability of trustee in case of change of character of investment.

4. A trustee shall not be liable for breach of trust by reason only of his continuing to hold an investment which has ceased to be an investment authorised by the instrument of trust or by the general law.

Short title.

5. This Act may be cited as the Trustee Act, 1893, Amendment Act, 1894.