70Application of Act to Settled Land Act trustees

70 Application of Act to Settled Land Act trustees

(1) All the powers and provisions contained in this Act with reference to the appointment of new trustees, and the discharge and retirement of trustees, apply to and include trustees for the purposes of the Settled Land Act 1958, and trustees for the purpose of the management of land during a minority, whether such trustees are appointed by the Court or by the settlement or under provisions contained in any instrument[14].

(2) Where, either before or after the commencement of this Act, trustees of a settlement have been appointed by the Court for the purposes of the Settled Land Act 1958, or any corresponding previous enactment, then after the commencement of this Act—

(a) the person or persons nominated for the purpose of appointing new trustees by the instrument (if any) creating the settlement, though not trustees for the purposes of the said Act or enactment where thereby appointed; or

(b) if there is no such person, or no such person able and willing to act, the surviving or continuing trustees or trustee for the time being for the purposes of the said Act or enactment or the personal representatives of the last surviving or continuing trustee for those purposes—

shall have the powers conferred by this Act to appoint new or additional trustees of the settlement for the purposes of the said Act or enactment.

No. 5770 s. 71.