Trusts and Succession (Scotland) Act 2024 (asp 2)

Prospective

Part 1 S Trusts

Chapter 3 S Powers and duties of trustees

Apportionment S

27 Apportionment: disapplication of certain rules S

(1) Any rule of law relating to the allocation and apportionment of trust receipts and outgoings ceases to have effect in relation to a trust, irrespective of when that trust was created.

(2) Subsection (1) does not affect allocation and apportionment which falls to be made before this section comes into force.

Commencement Information

I1 S. 27 not in force at Royal Assent, see s. 88(3)