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Statutes of Northern Ireland


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URL: http://www.bailii.org/nie/legis/num_act/ta1852122.txt

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TRUSTEE ACT 1852

TRUSTEE ACT 1852 - LONG TITLE

An Act to extend the provisions of ""The Trustee Act, 1850.''{1}
[30th June 1852]
The Act has been repealed except in so far as it relates to the
High Court exercising jurisdiction in lunacy (see Trustee Act 1893
(c.53) s.51 sch.)

Preamble rep. by SLR 1892

Ss.15 rep. by 1893 c.53 s.51 sch.Bank of England and companies, &c.
to comply with such orders.

TRUSTEE ACT 1852 - SECT 6
Right to transfer stock, &c. to vest in accordance with orders made
under this Act or 1850 c.60.

6. When any order being or purporting to be under this Act, or
under the Trustee Act, 1850, shall be made by [the High Court of
Justice in Northern Ireland],... vesting the right to any stock, or
vesting the right to transfer any stock, or vesting the right to
call for the transfer of any stock, in any person or persons, in
every such case the legal right to transfer such stock shall vest
accordingly; and the person or persons so appointed shall be
authorized and empowered to execute all deeds and powers of
attorney, and to perform all acts relating to the transfer of such
stock into his or their own name or names, or otherwise, to the
extent and in conformity with the terms of the order; and the Bank
of England, and all companies and associations whatever, and all
persons, shall be equally bound and compellable to comply with the
requisitions of such person or persons so appointed as aforesaid, to
the extent and in conformity with the terms of such order, as the
said Bank of England, or such companies, associations, or persons
would have been bound and compellable to comply with the
requisitions of the person in whose place such appointment shall
have been made.

TRUSTEE ACT 1852 - SECT 7
Orders to be an indemnity to Bank and companies, &c. complying
therewith.

7. Every order made or to be made, being or purporting to be made
under this or the Trustee Act, 1850, by [the High Court of Justice
in Northern Ireland],... and duly passed and entered, shall be a
complete indemnity to the Bank of England, and all companies and
associations whatsoever, and all persons, for any act done pursuant
thereto; and it shall not be necessary for the Bank of England, or
such company or association, or person, to inquire concerning the
propriety of such order, or whether [the High Court of Justice in
Northern Ireland],... had jurisdiction to make the same.

Ss.811 rep. by 1893 c.53 s.51 sch.; 1978 c.23 s.122(2) sch.7 Pt.I

TRUSTEE ACT 1852 - SECT 12
Act to be construed as part of 1850 c.60.

12. This Act shall be read and construed according to the
definitions and interpretations contained in the second section of
the Trustee Act, 1850; and the provisions of the said last-mentioned
Act (except so far as the same are altered by or inconsistent with
this Act) shall extend and apply to the cases provided for by this
Act, in the same way as if this Act had been incorporated with
and had formed part of the said Trustee Act, 1850.

S.13 rep. by SLR 1892


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URL: http://www.bailii.org/nie/legis/num_act/ta1852122.txt