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Trusts (Scotland) Act 1921

Trusts (Scotland) Act 1921 s 2

s 2 Definitions.

In the construction of this Act unless the context otherwise requires— “ Trust ” shall mean and include— (a) any trust constituted by any deed or other writing, or by private or local Act of Parliament, or by Royal Charter, or by resolution of any corporation or public or ecclesiastical body, and (b) the appointment of any . . .judicial factor by deed, decree, or otherwise; “ Trust deed ” shall mean and include— (a) any deed or other writing, private or local Act of Parliament, Royal Charter, or resolution of any corporation or ecclesiastical body, constituting any trust, and (b) any decree, deed, or other writing appointing a . . . judicial factor; “ Trustee ” shall mean and include any trustee under any trust whether nominated, appointed, judicially or otherwise, or assumed, whether sole or joint, and whether entitled or not to receive any benefit under the trust or any remuneration as trustee for his services, and shall include any trustee ex officio, executor nominate, . . ., and judicial factor; . . . . . . “ Judicial factor ” shall mean any person holding a judicial appointment as a factor . . .on another person’s estate. “Local authority” and “rate” shall have respectively the meanings assigned to these expressions by the Local Authorities Loans (Scotland) Act, 1891; “ The court ” shall mean the Court of Session; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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