Section 7
Who may create trusts.
About this Act
An Act to define and amend the law relating to Private Trusts and Trustees.
A trust may be created--
(a) by every person competent to contracts 1, and
(b) with the permission of a principal Civil Court of original jurisdiction, by or on behalf of a minor; but subject in each case to the law for the time being in force as to the circumstances and extent in and to which the author of the trust may dispose of the trustproperty.
(a) by every person competent to contracts 1, and
(b) with the permission of a principal Civil Court of original jurisdiction, by or on behalf of a minor; but subject in each case to the law for the time being in force as to the circumstances and extent in and to which the author of the trust may dispose of the trustproperty.
Notes
1 . See s.11 of the Indian Contract Act, 1872 (9 of 1872).