Skip to content

The Trusts Act, 1882

Section 33Right to indemnity from gainer by breach of trust

In forceChapter IV OF THE RIGHTS AND POWERS OF TRUSTEES

Chapter IV OF THE RIGHTS AND POWERS OF TRUSTEES

s. 33

33. Right to indemnity from gainer by breach of trust A person other than a trustee who has gained an advantage from a breach of trust must indemnify the trustee to the extent of the amount actually received by such person under the breach; and where he is a beneficiary the trustee has a charge on his interest for such amount. Nothing in this section shall be deemed to entitle a trustee to be indemnified who has, in committing the breach of trust, been guilty of fraud.

End of s. 33.

Read the contents: The Trusts Act, 1882