Trusts Act 2025
sec.238Mortgage estates vested in public trustee before commencement
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sec.238 Mortgage estates vested in public trustee before commencement
This section applies if, immediately before the commencement, an estate or interest in property by way of mortgage was vested in the public trustee under the repealed Act, section 17(1). The repealed Act, section 17 continues to apply in relation to the estate or interest in the property as if this Act had not been enacted. (sec.238-ssec.1) This section applies if, immediately before the commencement, an estate or interest in property by way of mortgage was vested in the public trustee under the repealed Act, section 17(1). (sec.238-ssec.2) The repealed Act, section 17 continues to apply in relation to the estate or interest in the property as if this Act had not been enacted.