Trusts of Land and Appointment of Trustees Act 1996
The Trusts of Land and Appointment of Trustees Act 1996 is a UK law that simplifies the management of land held in trust. It allows trustees to make decisions about the land without needing to consult all beneficiaries, streamlining the process of property management and ensuring that decisions can be made efficiently.
This Act also clarifies the rights of beneficiaries regarding the use and enjoyment of the land. It ensures that all beneficiaries are treated fairly and can access information about the trust, promoting transparency and accountability among trustees in managing the property.