Trusts Act 2025
sec.234Vesting and divesting of particular trust property if trustees appointed or discharged before commencement
Start here
Get a plain-English read of sec.234
Turn the raw legal text into a practical explanation grounded in Trusts Act 2025.
sec.234 Vesting and divesting of particular trust property if trustees appointed or discharged before commencement
This section applies if— before the commencement, it was required under the repealed Act, section 15(3) that the vesting of trust property in a new trustee, or the divesting of trust property from a discharged trustee, should be notified to or registered or recorded by the registrar or another person mentioned in that section; and immediately before the commencement, the trustees had not complied with the repealed Act, section 15(3) in relation to the vesting or divesting of the trust property. The repealed Act, section 15 continues to apply in relation to the vesting or divesting of the trust property as if this Act had not been enacted. (sec.234-ssec.1) This section applies if— before the commencement, it was required under the repealed Act, section 15(3) that the vesting of trust property in a new trustee, or the divesting of trust property from a discharged trustee, should be notified to or registered or recorded by the registrar or another person mentioned in that section; and immediately before the commencement, the trustees had not complied with the repealed Act, section 15(3) in relation to the vesting or divesting of the trust property. (sec.234-ssec.2) The repealed Act, section 15 continues to apply in relation to the vesting or divesting of the trust property as if this Act had not been enacted.
- (a) before the commencement, it was required under the repealed Act, section 15(3) that the vesting of trust property in a new trustee, or the divesting of trust property from a discharged trustee, should be notified to or registered or recorded by the registrar or another person mentioned in that section; and
- (b) immediately before the commencement, the trustees had not complied with the repealed Act, section 15(3) in relation to the vesting or divesting of the trust property.