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Trusts (Scotland) Act 1921

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Section 21.

[F1SCHEDULE BS Form of Deed of Assumption

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I, A.B.(or we A.B. and C.D.), the accepting and surviving (or remaining) trustee (or trustees, or a majority and quorum of the accepting and surviving trustees), acting under a trust disposition and settlement (or other deed) granted by E.F., dated the day of (if recorded, specify register and date of recording), do hereby assume G.H. (or G.H. and I.K.) as a trustee (or trustees) under the said trust disposition and settlement (or other deed); and I (or we) dispone and convey to myself (or ourselves) and the said G.H. (or G.H. and I.K.) as trustees under the said trust disposition and settlement (or other deed), and the survivors or survivor, and the heir of the last survivor, the majority, while more than two are acting, being a quorum (or otherwise in accordance with the terms of the trust deed), all and sundry the whole trust estate and effects, heritable and moveable, real and personal, of every description and wherever situated, at present belonging to me (or us) or under my (or our) control as trustee (or surviving trustees, or otherwise as the case may be), under the said trust disposition and settlement (or other deed), together with the whole vouchers, titles, and instructions thereof. (Then may follow, if wished, special conveyances of heritable or personal property, with the usual clauses of a conveyance applicable to such property, and as the case may require.)[F2Testing clause+

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F2Words in Sch. B substituted (S.) (1.8.1995) by 1995 c. 7, s. 14(1), Sch. 4 para. 30 (with ss. 9(3)(5)(7), 13)

+Note—[F3In the case of a traditional document, subscription of it by the granter or granters] will be sufficient for the document to be formally valid, but witnessing of it may be necessary or desirable for other purposes (see the Requirements of Writing (Scotland) Act 1995)[F4, which also makes provision as regards the authentication of an electronic document].]]

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