Source: http://www.legislation.nsw.gov.au/tocview/inforce/act%2B14%2B1925%2Bcd%2B0%2BN?nohits=y&xref=Type%3Dact%20AND%20Year%3D1925%20AND%20no%3D14
Timestamp: 2013-05-25 13:37:35
Document Index: 660861566

Matched Legal Cases: ['art 1', 'art 1', 'art 2', 'art 3', 'art 4', 'art 5']

Contents (1925 - 14)
Trustee Act 1925 No 14Status informationLong title
Part 1A Preliminary
1 Name of Act and commencement 2 (Repealed) 3 Repeals 4 Notes Part 1 Interpretation
5 Definitions Part 2 Trustees
Division 1 Appointment, retirement, disclaimer, and ceasing
to be executor
6 New trustee 7 Additional trustee 8 Retirement 9 Vesting 10 Renunciation of probate 11 Ceasing to be executor 12 Registration 13 Protection of purchasers Division 2 Powers and duties
14 Powers of investment 14A Duties of trustee in respect of power of
investment 14B Law and equity preserved 14C Matters to which trustee is to have regard when
exercising power of investment 14D Powers of trustee in relation to securities 14DA Power to purchase dwelling-house as residence for
beneficiary 14DB Guidelines for trustees 14E Advisory committee 14F Investment in securities under Reserve Bank RITS
system 15, 16 (Repealed) 17 Accepting a short title 18 Ratio of loan to value 19 Loss on mortgages 20 Release of part of the security 21 Arrangement with company 21A Building societies and credit unions—transfers of
engagements and amalgamations 22 New shares in a company 23 Calls on shares 24 Accrued interest on debentures or stock sold or
purchased 25 Continued holding 26 Powers incident to sale 27 Duration of trust or power to sell 27A (Repealed) 27B Postponement of sale 27C Purchaser under a trust for sale 28 Deferred payment on sale of land 29 Sale or purchase under Conveyancing Act 1919 30 Depreciatory conditions 31 Sale of part of land 32 Sale exchange and partition 32A Power to purchase equity of redemption in lieu of
foreclosure 33 Sale after right of redemption barred 34 Release of equity of redemption in discharge of mortgage
debt 35 Surrender of onerous lease 36 Leasing 37 Renewal of renewable leasehold 38 Raising money 39 Protection of purchasers or mortgagees 39A Application of income by trustee-mortgagee in
possession 39B Validation of certain payments by trustee-mortgagee in
possession 40 Powers 41 Insurance 42 Application of insurance money 43 Maintenance and accumulation—instruments that came
into operation on or after 1 March 1926 43A Maintenance and accumulation—instruments that came
into operation before 1 March 1926 44 Advancement 45 Protective trusts 45A Equitable life tenant—conditions on entry into
possession 46 Appropriation 47 Payment to the NSW Trustee or a trustee company 48 Receipts 49 Compounding 50 Deposit for safe custody 51 Audit 52 Valuation 53 Employment of agents 54 Banks, building societies and credit unions 54A Banker may recognise certain signatures and
endorsements 55 Foreign property 56 Undivided interests 57 Two or more trustees 58 Powers of attorney 59 Implied indemnity 60 Distribution after notice 61 Distribution where estate comprises leaseholds, and in
certain other cases 61A Personal liability of legal representative or
trustee 62 Notice 63 Advice Division 3 Delegation
64 Execution of trust 65 Consent to exercise of trust or power 66 Persons dealing with delegate 67 Power of attorney 68 Registration Division 4 Statute of limitations
69 (Repealed) Part 3 Powers of the Court
Division 1 New trustees and vesting orders
70 New trustees 71 Vesting orders 72 Contingent rights of unborn persons 73 (Repealed) 74 Minor or insane mortgagee 75 Deceased mortgagee 76 Sale or mortgage of land 77 Specific performance, and other matters 78 Effect of vesting order 79 Appointment of person to convey 80 Trustees of charities Division 2 Dealings and improvements
81 Advantageous dealings 82 Improvements and repairs 82A Improvement and repairs without the approval of the
Court 83 (Repealed) 84 Sale of minor’s property Division 3 Relief and indemnity
85 Excusable breaches of trust 86 Indemnity for breach of trust Division 4 Miscellaneous powers
87 Division of chattels 88 Order in absence of a trustee 89 Proceedings under Mental Health Act
1958 90 Court may take into account investment strategy in action
for breach of trust 90A Power of Court to set off gains and losses arising from
investment Division 5 Applications and orders
91 Defendants 92 Persons entitled to apply 93 Costs 94 (Repealed) Part 4 Payment into Court
95 Trustees 96 Person liable to minor or person of unsound
mind 97 Life assurance companies 98 Money or securities 99 Trustee Part 5 Miscellaneous provisions
100 Escheat 101 Property vested in the NSW Trustee 102 Account by fiduciary 103 Indemnity 104 Rules of Court 104A Regulations 105, 106 (Repealed) 107 Savings and transitional provisions Schedule 1 Repeals