TRANSFER OF LAND ACT 1893 - SECT 83
TRANSFER OF LAND ACT 1893 - SECT 83
83 . Transfer to include right to sue thereunder
(1) By virtue of every
such transfer as is herein mentioned the right to sue upon any mortgage or
other instrument and to recover any debt sum of money annuity or damages
thereunder (notwithstanding the same may be deemed or held to constitute a
chose in action) and all interest in any such debt sum of money annuity or
damages shall be transferred so as to vest the same at law as well as in
equity in the transferee thereof.
(2) Nothing herein
contained shall prevent a court in its equitable jurisdiction from giving
effect to any trusts affecting such debt sum of money annuity or damages in
case the transferee shall as between himself and any other person hold the
same as a trustee.
[Section 83 amended: No. 19 of 2010 s. 51.]