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Public Trustee Act 1979
91No notice of trust
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91 No notice of trust
(1) In dealings with property the fact that the Public Trustee is the
person, or one of the persons, dealt with shall not of itself constitute
notice of a trust.
(2) A company shall not be entitled to object to entering the name of
the Public Trustee in its register of shareholders by reason only that
the Public Trustee is a trustee or is a corporation.
(3) Where the Public Trustee holds a share in a company, the
company shall, at the request of the Public Trustee, record the
name of the estate or person beneficially entitled to a share in that
company as well as the name of the Public Trustee.
Part IX Miscellaneous
Public Trustee Act 1979 41