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Trustees Act 1962
8New trustee, protection for people dealing with in good faith
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##### 8. New trustee, protection for people dealing with in good faith
(1) Where any instrument appointing a new trustee contains a statement as to how a vacancy in the office of trustee occurred, that statement is conclusive evidence, in favour of a subsequent purchaser in good faith, or the circumstances under which the vacancy occurred.
(2) Any appointment of a new trustee depending on such a statement as is mentioned in subsection (1) and any vesting declaration, express or implied, consequent on that appointment, in favour of any subsequent purchaser in good faith, is valid.
(3) The protection afforded to a purchaser by this section extends to the Commissioner of Titles, Registrar of Titles or other person registering or certifying title.
(4) This section applies to instruments of appointment signed either before or after the commencement of this Act.