Section 43
Retirement of trustee without a new appointment
Where a trustee is desirous of being discharged from the trust, and after his discharge there will be either a trust corporation or at least two individuals to act as trustees to perform the trust, then, if such trustee as aforesaid declares in writing that he is desirous of being discharged from the trust, and if his co-trustees and such other person, if any, as is empowered to appoint trustees, consent in writing to the discharge of the trustee, and to the vesting and shall, by the instrument, be discharged under this Act, without any new trustee being appointed in his place.
(2)
Any assurance or thing requisite for vesting the trust property in the continuing trustees alone shall be executed or done.