Einde inhoudsopgave
Draft Common Frame of Reference
X. — 2:301 Right of trustee to refuse the trust
Geldend
Geldend vanaf 01-01-2009
- Redactionele toelichting
De dag van de datum van afkondiging is gezet op 01. De datum van inwerkingtreding is de datum van afkondiging.
- Bronpublicatie:
01-01-2009, Internet 2009, ec.europa.eu (uitgifte: 01-01-2009, kamerstukken/regelingnummer: -)
- Inwerkingtreding
01-01-2009
- Bronpublicatie inwerkingtreding:
01-01-2009, Internet 2009, ec.europa.eu (uitgifte: 01-01-2009, kamerstukken/regelingnummer: -)
- Vakgebied(en)
Civiel recht algemeen (V)
EU-recht / Bijzondere onderwerpen
Internationaal privaatrecht / Algemeen
(1)
If a person has become a trustee without agreeing to act when a trust is constituted, that person may refuse to act as a trustee by notice to:
- (a)
the truster; or
- (b)
any co-trustee who has full legal capacity and agrees to act as a trustee.
(2)
Refusal may take the form of either a rejection of all the rights which have vested or a disclaimer of the whole trust, but operates as both a rejection and a disclaimer.
(3)
A refusal may not be revoked.
(4)
Where a person reasonably incurs costs in order to refuse, that person has a right to be reimbursed by any co-trustees who accept the trust fund and agree to act or, if there are no such co-trustees, the truster.
(5)
Where a sole trustee refuses or there is no co-trustee who accepts the trust fund and agrees to act, the truster becomes a trustee of the fund in accordance with X. — 2:103 (Constitution without transfer) paragraph (1)(c), unless the declaration of the intention to constitute a trust provides otherwise.
(6)
Subject to the previous paragraphs of this Article, the requirements for a refusal and its effects are determined by the application or analogous application of II. — 4:303 (Right or benefit may be rejected).