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Section 130

⎯(1)

of Land Code, 1958

State OrdinanceIn forceProvision 85 of 209
Section 130

In the case of any land or any charge, sublease or other interest acquired by two or more persons as trustees, the words

“as trustees” may be inserted in the document of title at the time of the issue thereof, or in the instrument whereby the interest is acquired, and an entry to the same effect shall be made in the Register. The persons named therein shall thenceforth hold the land or the interest therein as joint tenants and, subject to any lawful appointment of a new trustee or trustees, with the right of survivorship.

(2)

Nothing in this section shall require the Registrar to concern himself with the terms of any trust and, subject to this Code,

119

the land, charge, sublease or interest may be dealt with by the registered proprietors as if they were the absolute proprietors.