The New Land Law


A Commentary on the Trusts of Land and Appointment of Trustees Act 1996


by Roger Horne



I N D E X

References to the Commentary are in bold type; references to the text of the Act are in italic type.

 

A

Administration
    persons interested in due
        application of Act to, 18

Annuitant
    does not have beneficial interest in possession, 22, 22

Attorney
    power of
        delegation by, 9



B

Beneficiaries
    power to apply to the court, 14



C

Capital moneys, 9, 9

Charities
    consents to sale
        duty of trustees to obtain, 10, 10
    land not to be settled land, 2
    Protection of purchasers
        sale of charity land, 16, 16
    sale of charity land, 4, 4

Commencement
    Act to come into force on such day as Lord Chacellor appoints, 27, 27

Court
    approval of
        compelling beneficiary to leave land, 13
    matters to have regard to, 15
    meaning of, 23
    powers
        order relating to functions of trustees, 14

Court of Protection, 20

Creditor
    court to take into account interests of secured, 15, 15, 23



D

Death
    before date of the Act, 18
    power of attorney not revoked by, 9
    prior to date of the Act, 3

Declaration
    deed of
        execution by trustees of strict settlement, 16

Delegation
    trustees by
        protection of purchasers, 16
    trustees of land
        functions by, 9

Discretion
    exercise by donee of enduring power of atorney, 9
    power to postpone sale, 4



E

Entailed interest
    abolition of, 5, 5
    grant of, 5
        to self, 5, 5



F

Full age
    consideration by court of circumstances and wishes of beneficiaries, 15
    Duty of trustees to consult beneficiaries, 11
    one or more beneficiaries incapable, 20
    power for trustees to convey land to beneficiaries, 6
    power for trustees to delegate to beneficiaries of, 9
    power of beneficiaries to require trustees to retire and appoint new trustees, 19

Functions
    trustees of, 6, 9



H

Heirlooms
    Settled Land Act settlement, 2



I

Interest in possession
    beneficial, 11, 11, 12, 12, 15
        annuitant does not have, 22, 22
        delegate of trustees' powers ceasing to have, 9
        power for trustees to delegate to beneficiaries having, 9



M

Minor
    conveyance to, 1

Mortgaged property
    right of redemption barred, 1, 1



P

Personal representatives
    application of Act to, 18
    direction to
        beneficiaries, by, 19
    no power to apply to the court, 14
    powers
        legal estate in land, to purchase, 6
        trustees, of, 1
    provisions apply to, 18
    requirement to appoint new trustees, 19
    transitional provisions, 3

Protection of purchasers
    charity land, 16
    delegation by trustees, 16



R

Restoration of prior trusts
    Settled Land Act settlement, 2



S

Safeguards
    when trustees required to retire, 19

Settlemement
    tenant for life, 9

Settlements
    ceasing to exist, 6
    heirlooms, 2
    no new, 2
    not to be created after commencemnt of Act, 1
    restoration of prior trusts, 2
    variation of existing, 2



T

Transitional provisions
    personal representatives, 3
    power for Lord Chancellor to make, 26, 26
    settlements, 2
    trusts, 3

Trustees of land
    appointment of
        at instance of beneficiaries, 19
        beneficiaries' power, 14
        beneficiaries, by, 21
        direction by beneficiaries, 19
        memorandum to be endorsed on conveyance, 3
        new, 6
        no power for court under Section 14, 14
        nobody able and willing, 20
        revokes power of attorney, 9
        same persons as trustees of proceeds of sale, 4, 21
        substitute for incapable, 20, 20
        supplementary provisions, 21
    beneficiaries
        power to appoint new trustees, 19
        power to require trustees to retire, 19
    consent to exercise of functions, 10
    consents to sale
        duty to obtain, 10
    court
        no power to appoint trustees under Section 14, 14
        powers to dispense with consent, 14
        powers to make order relating to functions, 14
    death
        power of attorney not revoked by, 9
    functions of, 6
        no definition of functions|../comments/csn14.htm#C-csn14-3, 14
    incapable of exercising functions, 20, 20
    not to partition without consent of beneficiaries, 7
    power of court to make orders relating to functions of, 14
    powers
        absolute owner, of, 6
        apply to the court, to, 14
        convey land to beneficiaries of full age, to, 6
        delegate functions, to, 9, 9
        legal estate in land, to purchase, 6
        partition land, to, 7
    retiremenet of
        at instance of beneficiaries, 19
    retirement
        power of attorney not revoked by, 9
        rights on, 19
    retirement of
        consent of continuing trustees, 19
        revokes power of attorney, 9
        written direction by beneficiaries, at, 19
    safeguards when required to retire, 19
    vesting of property in new trustees on retirement, 19

Trustees of proceeds of sale
    power to purchase legal estate in land, 6

Trusts of proceeds of sale of land, 17



U

Undivided shares
    conveyance of legal estate, 6
    not "land" under Law of Property Act 1925, 1
    partition land
        trustees powers to, 7, 7



W

Words and Phrases
    heirlooms, 2
    land, 1, 205
    trust, 1
    trust of land, 1
    trustees of land, 1

Words and phrases
    Court, 23, 23