Hong Kong Ordinances
[Index]
[Table]
[Search]
[Notes]
[Noteup]
[Previous]
[Next]
[Download (Current & Past)]
[Download (Current only)]
[繁體中文]
[Help]
TRUSTEE ORDINANCE - SECT 20
Devolution of powers or trusts
(1) Where a power or trust is given to or imposed on 2 or more trustees
jointly, the same may be exercised or performed by the survivors or survivor
of them for the time being.
(2) Until the appointment of new trustees, the personal representatives or
representative for the time being of a sole trustee, or, where there were 2 or
more trustees of the last surviving or continuing trustee, shall be capable of
exercising or performing any power or trust which was given to, or capable of
being exercised by, the sole or last surviving or continuing trustee, or other
the trustees or trustee for the time being of the trust.
(3) This section takes effect subject to the restrictions imposed in regard to
receipts by a sole trustee, not being a trust corporation.
(4) In this section "personal representative" (遺產代理人) does not
include an executor who has renounced or has not proved. [cf. 1925 c. 19 s. 18
U.K.]
"personal representative" (遺產代理人)
[Index]
[Table]
[Search]
[Notes]
[Noteup]
[Previous]
[Next]
[Download (Current & Past)]
[Download (Current only)]
[繁體中文]
[Help]