14Trustees for the purposes of the Act

14 Trustees for the purposes of the Act

*[Section 14 Amended by 25 Geo. V No. 78 ]*Where there are for the time being no trustees of the settlement within the meaning and for the purposes of the Principal Act , then the following persons shall, for such purposes be trustees of the settlement, namely:

(a) The persons, if any, who are for the time being under the settlement trustees with power of or upon trust for sale of any other land comprised in the settlement and subject to the same limitations as the land to be sold, or with power of consent to, or approval of, the exercise of such a power of sale, or, if there be no such persons, then –

(b) The persons, if any, who are for the time being under the settlement trustees with future power of sale, or under a future trust for sale of the land to be sold, or with power of consent to, or approval of, the exercise of such a future power of sale, and whether the power or trust takes effect in all events or not.