QLDIn ForceAct
Trusts Act 1973
sec.13Evidence as to a vacancy in a trust
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### sec.13 Evidence as to a vacancy in a trust
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, of the circumstances under which the vacancy occurred.
Any vesting of trust property consequent upon an appointment of a new trustee containing a statement as to how a vacancy in the office of trustee occurred is valid in favour of any subsequent purchaser in good faith.
The protection afforded to a purchaser by this section extends to the registrar or other person registering or certifying title.
This section applies to instruments of appointment signed either before or after the commencement of this Act.
(sec.13-ssec.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, of the circumstances under which the vacancy occurred.
(sec.13-ssec.2) Any vesting of trust property consequent upon an appointment of a new trustee containing a statement as to how a vacancy in the office of trustee occurred is valid in favour of any subsequent purchaser in good faith.
(sec.13-ssec.3) The protection afforded to a purchaser by this section extends to the registrar or other person registering or certifying title.
(sec.13-ssec.4) This section applies to instruments of appointment signed either before or after the commencement of this Act.