Victorian Current Acts

PRESBYTERIAN TRUSTS ACT 1890 - SECT 23

Upon the insertion and authentication as aforesaid in the "Register of Trustees" of the name or names of any new trustee or trustees of any property not under the operation of the Transfer of Land Act 1890 , such property shall forthwith vest in such new trustee or trustees solely or jointly (as the case may be) with the continuing trustee or trustees (if any) for all the estate or interest of the former trustee or trustees therein, and upon and subject to the same trusts without any conveyance or assignment whatsoever and upon the insertion and authentication as aforesaid in the said "Register of Trustees" of the name or names of any new trustee or trustees of property under the operation of the said Act such new trustee or trustees for the time being thereof and the trustee or trustees for the time being appearing by the "Register of Trustees" to be the trustee or trustees of any property under the Transfer of Land Act 1958 shall be entitled to be registered at the Office of Titles as the proprietor or proprietors thereof within the meaning of the said Act without any formal transfer, and to have any necessary recordings made in the Register, but subject to any then subsisting encumbrance appearing in the Register affecting the same.