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Section 42

Evidence as to a vacancy in a trust

of Trustee Act 1949

ActIn forceProvision 42 of 69
Section 42
(1)

A statement contained in any instrument coming into operation after the commencement of this Act by which a new trustee is appointed for any purpose connected with land, to the effect that a trustee has remained out of Malaysia for more than twelve months or refuses or is unfit to act, or is incapable of acting, or that he is not entitled to a beneficial interest in the trust property in possession,

Trustee 47

shall, in favour of a purchaser of a legal estate, be conclusive evidence of the matter stated.

(2)

In favour of the purchaser any appointment of a new trustee depending on that statement, and any vesting declaration, express or implied, consequent on the appointment, shall be valid.