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Trustees Act 1962
44Purchasers etc. dealing with trustees, protection for
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##### 44. Purchasers etc. dealing with trustees, protection for
A purchaser or mortgagee, paying or advancing money on a sale or mortgage purporting to be made under any trust or power (statutory or otherwise) vested in a trustee, shall not be concerned to see that the money is wanted, or that no more than is wanted is raised, or otherwise as to the application thereof.