Section 82Transfer to one for consideration paid by another

s. 82

82. Transfer to one for consideration paid by another Where property is transferred to one person for a consideration paid or provided by another person, and it appears that such other person did not intend to pay or provide such consideration for the benefit of the transferee, the transferee must hold the property for the benefit of the person paying or provided the consideration. [* * *]

1. 16. The second paragraph of section 82 was omitted by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973)