17 Deed of discharge on termination of settlement
Settled Land Act 1925 (1925 c 18) | Legislation

17  Deed of discharge on termination of settlement

(1)     Where the estate owner of any settled land holds the land free from all equitable interests and powers under a trust instrument, the persons who in the last or only principal vesting instrument or the last or only endorsement on or annex thereto are declared to be the trustees of the settlement or the survivors of them shall, save as hereinafter mentioned, be bound to execute, at the cost of the trust estate, a deed declaring that they are discharged from the trust so far as regards that land;

Provided that, if the trustees have notice of any derivative

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