Trusts and Trustees Act (Cap. 331)

Trusts and Trustees Act (Cap. 331), article 37A

Official PDF on legislation.mt

37A. (1) Where any court makes an order on the demand of a beneficiary who has been prejudiced as a result of bad faith on the part of the trustee in the operation of a trust relationship or in relation to trust property, the court shall have the power to r estore the position to what it was had the action complained of not be en taken or otherwise to protect his interests. Cap. 16. (2) When a person domiciled in Malta is obliged to pay maintenance in terms of the Civil Code and is a beneficiary under a discretionary trust, the court shall have such powers as are necessary to review the exercise of discretion by the trustee and give due consideration to the rights of persons entitled to cla im maintenance. TRUSTS AND TRUSTEES [CAP. 331. 31 Applications, enforcement and hearings. Amended by: XIV . 1989.7; XIII. 2004.25; XI. 2014.7.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.