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TRUSTEE ACT 1925 - SECT 27D Application of rule in Howe v Earl of Dartmouth to leases

TRUSTEE ACT 1925 - SECT 27D

Application of rule in Howe v Earl of Dartmouth to leases

    (1)     The rule in Howe v Earl of Dartmouth (1802) (7 Ves 137) does not apply in relation to property consisting of a territory lease.

    (2)     This section applies to a trust unless the contrary intention appears in the trust instrument.