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Complete Equity and TrustsText, Cases, and Materials

Complete Equity and Trusts: Text, Cases, and Materials (5th edn)

Richard Clements and Ademola Abass
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date: 18 July 2024

p. 36214. Breach of trustlocked

p. 36214. Breach of trustlocked

  • Richard ClementsRichard ClementsLeader of International Partnerships (Law) at the, University of the West of England, Bristol
  •  and Ademola AbassAdemola AbassHead of the African Centre for Peace and Security Training, Institute for Security Studies, Addis Ababa

Abstract

Titles in the Complete series combine extracts from a wide range of primary materials with clear explanatory text to provide readers with a complete introductory resource. This chapter on breach of trust discusses the following: the trustees’ duty of care; the fiduciary nature of trusteeship; the nature of equitable compensation; reasonable care and skill the liability of individual trustees; the criminal liability of trustees; the protection of trustees; trustee exemption clauses; section 61 Trustee Act 1925 and the court’s power to excuse the liability of trustees for breach of trust; when the statutory period of limitation applies; and the equitable doctrine of laches.

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