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TRUSTEE ACT 1925 - SECT 39 Protection of purchasers or mortgagees

TRUSTEE ACT 1925 - SECT 39

Protection of purchasers or mortgagees

39 Protection of purchasers or mortgagees

No purchaser or mortgagee, paying or advancing money on a sale or mortgage purporting to be made under any trust or power vested in a trustee, shall be concerned to see that the money is wanted, or that no more than is wanted is raised, or to see to the application thereof.