International Trusts Order, 2000 · s 18

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s 18p J

The receipt in writing of trustees for any money, securities or other personal property or effects payable, transferable or deliverable to them under any trust or power shall be a sufficient discharge to the person paying, transferring or delivering the same and shall effectually exonerate that person from seeing to its application or being answerable for any loss or misapplication of it.

1148

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(2)

This section shall apply notwithstanding anything to the contrary in the trust instrument.