QLDIn ForceAct
Trusts Act 1973
sec.49Deposit of documents for safe custody
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### sec.49 Deposit of documents for safe custody
A trustee may deposit any document held by the trustee relating to the trust, or to the trust property, with any financial institution or corporation whose business includes the undertaking of the safe custody of documents, and any sum payable in respect of any such deposit shall be paid out of the income of the trust property, and so far as there is no available income out of the capital of the trust property.
s 49 amd 1997 No. 17 s 69 ; 1999 No. 69 s 7 sch