Section 29
Liability of trustee where beneficiary’s interest is forfeited to the Government.
About this Act
An Act to define and amend the law relating to Private Trusts and Trustees.
When the
beneficiary's interest is forfeited or awarded by legal adjudication 1[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 2the State Government may direct in this behalf.
Notes
1 The words "to Government" successively amended by the A.O. 1937 and the A.O. 1950, to read as above.
2. Subs. by the A.O. 1937, for "the Government".
2. Subs. by the A.O. 1937, for "the Government".