Chapter III — OF THE DUTIES AND LIABILITIES OF TRUSTEES

Section 29Liability of trustee where beneficiary’s interest is forfeited to the Government

Section 29: Liability of trustee where beneficiary’s interest is forfeited to the Government

29. Liability of trustee where beneficiary’s interest is forfeited to the Government

When the beneficiary's interest is forfeited or awarded by legal adjudication [to the Government], the trustee is bound to hold the trust-property to the extent of such interest for the benefit of such person in such manner as the State Government may direct in this behalf.

Amendment notes (2)
  1. The words "to Government" successively amended by the A.O. 1937 and the A.O. 1950, to read as above.
  2. Subs . Subs. by the A.O. 1937, for "the Government".