Section 44Part 9 — Trustees
Appointment of trustees by Court
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If, at any time, there are no trustees of a settlement within the definition in this Law, or where in any other case it is expedient, for purposes of this Law, that new trustees of a settlement be appointed, the Court may, if it thinks fit, on the application of the tenant for life or of any other person having, under the settlement, an estate or interest in the settled land, in possession, remainder or otherwise, or, in the case of an infant, of his testamentary or other guardian or next friend, appoint fit persons to be trustees under the settlement for purposes of this Law.
The persons so appointed, and the survivors and survivor of them, while continuing to be trustees or trustee, and, until the appointment of new trustees, the personal representatives or representative for the time being of the last surviving or continuing trustee, shall, for the purposes of this Law, become and be the trustees or trustee of the settlement.
Defined Terms
settlementtenant for lifetrusteessettled land