TRUSTEE ACT 1925 - SECT 30 Depreciatory conditions
TRUSTEE ACT 1925 - SECT 30
Depreciatory conditions(1) The sale of land by a trustee subject to a condition that may have been unnecessarily depreciatory is not a ground for—
(a) the buyer objecting to the title to the land; or
(b) a beneficiary challenging the sale; or
(c) if the land has been conveyed to the buyer—the buyer's title to the land being challenged.
(2) However—
(a) a beneficiary may challenge the sale of the land on the ground that a condition may have been unnecessarily depreciatory if the consideration for the sale was made inadequate because of the condition; and
(b) a buyer's title may be challenged on the ground that a condition may have been unnecessarily depreciatory if the buyer was acting in collusion with the trustee when the contract for the sale was made.