Trustee Act 1949 (Revised-1978) Act 208

Trustee Act 1949 (Revised-1978) Act 208

This comprehensive edition of the Trustee Act 1949, revised in 1978 and updated with all relevant amendments, is an essential reference for legal practitioners, academicians, law students, and those involved in estate planning and trust administration in Peninsular Malaysia and Labuan.

The Act governs the roles, responsibilities, powers, and limitations of trustees under Malaysian law. It covers important areas such as the appointment and removal of trustees, investment of trust funds, delegation of duties, indemnity provisions, and the jurisdiction of the courts over trust matters. The publication also addresses trustee obligations to act prudently, in good faith, and in the best interest of beneficiaries.