- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
37.—(1) For section 19 of the Trustee Act (Northern Ireland) 1958 (c. 23) (power to insure) substitute—
A trustee may—
(a)insure any property which is subject to the trust against risks of loss or damage due to any event, and
(b)pay the premiums out of any income or capital funds of the trust”
(2) In section 20(1) of the Trustee Act (Northern Ireland) 1958 (c. 23) (application of insurance money) omit “whether by fire or otherwise”.
(3) The amendments made by this section apply in relation to trusts whether created before or after its commencement.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Text created by the Northern Ireland Assembly department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes accompany all Acts of the Northern Ireland Assembly.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: