Skip to content

Section 26

Deposit of documents for safe custody

of Trustee Act 1949

ActIn forceProvision 26 of 69
Section 26

Trustees may deposit any documents held by them, relating to the trust, or the trust property, with any banker or banking company or any other company whose business includes the undertaking of the safe custody of documents, and any sum payable in respect of such deposit shall be paid out of the income of the trust property.