s 43 Retirement of trustee without a new appointment
(1) Where a trustee is desirous of being discharged from the trust, and after his discharge there will be either a trust corporation or at least two individuals to act as trustees to perform the trust, then, if such trustee as aforesaid declares in writing that he is desirous of being discharged from the trust, and if his co-trustees and such other person, if any, as is empowered to appoint trustees, consent in writing to the discharge of the trustee, and to the vesting
and shall, by the instrument, be discharged under this Act, without any new trustee being appointed in his place.
(2) Any assurance or thing requisite for vesting the trust property in the continuing trustees alone shall be executed or done.
Malay text (authoritative)
Persaraan pemegang amanah tanpa perlantikan baharu
(1) Jika seseorang pemegang amanah berhasrat supaya dilepaskan daripada amanah itu, dan selepas dia dilepaskan akan terdapat sama ada suatu perbadanan amanah atau sekurang-kurangnya dua orang perseorangan untuk bertindak sebagai pemegang amanah bagi melaksanakan amanah itu, maka, jika pemegang amanah yang tersebut dahulu mengaku secara bertulis bahawa dia berhasrat supaya dilepaskan daripada amanah itu, dan jika pemegang-pemegang amanah bersamanya dan mana-mana orang lain, jika ada, yang berkuasa melantik pemegang amanah, bersetuju secara bertulis tentang pelepasan pemegang amanah itu, dan tentang peletakhakkan harta amanah itu hendaklah, dengan surat cara itu, dilepaskan daripada amanah itu di bawah Akta ini, tanpa mana-mana pemegang amanah baharu dilantik sebagai gantinya.
(2) Apa-apa ansurans atau perkara yang dikehendaki bagi meletakhakkan harta amanah itu hanya pada pemegang-pemegang amanah berterusan itu sahaja hendaklah disempurnakan atau dilakukan.
Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).
