Trustee Act (Northern Ireland) 2001

Power to acquire land

This adran has no associated Nodiadau Esboniadol

8.—(1) A trustee may acquire land—

(a)as an investment,

(b)for occupation by a beneficiary, or

(c)for any other reason.

(2) For the purposes of exercising his functions as a trustee, a trustee who acquires land under this section has all the powers of an absolute owner in relation to the land.