TRUSTEE ACT 1925 - SECT 27C
Purchaser under a trust for sale
TRUSTEE ACT 1925 - SECT 27C
Purchaser under a trust for sale
27C Purchaser under a trust for sale
(1) A trust for sale shall, so far as regards the safety and protection of any
purchaser, be deemed to subsist notwithstanding any lapse of time until the
property is conveyed to or under the direction of the persons interested in
the proceeds of sale, and in the case of land until the conveyance is duly
registered.
(2) Nothing in this section shall prevent any court from making
an order restraining a sale.
(3) This section applies to trusts created and
to the execution thereof either before or after the commencement of this Act.
