Section 28:
Entry of Administrator-General not to constitute notice of a trust.
The entry of the
Administrator-General by that name in the books of a company shall not constitute notice of a trust, and a
company shall not be entitled to object to entering the name of the Administrator-General on its register
by reason only that the Administrator-General is a corporation, and in dealing with assets the fact that the
person dealt with is the Administrator-General shall not of itself constitute notice of a trust.