Trustees Powers Amendment Act 1935 (WA)

No. 4.] Trustees Powers. [1935.

TRUSTEES POWERS.

26° GEO. V., No. IV.

No. 4 of 1935.

AN ACT to amend the Trustees Powers Aet, 1931.

[Assented to 5th October, 1935.]

lative Council and Legislative Assembly of WesternBE it enacted by the King's Most Excellent Majesty,by and with the advice and consent of the Legis-

Australia, in this present Parliament assembled, and by the authority of the same, as follows:-

This Act may be cited as the Trustees Powers Amendment Act, 1935, and shall be read as one with the Trustees Powers Act, 1931 (No. 10 of 1931), hereinafter called "the principal Act."

Short title. 1.

New section, 2. A new section is added after section six of the

principal Act:-

Trustees may	6A. Notwithstanding the provisions of the pre-
Join in com-

positions and	ceding section a trustee shall not be liable for any
schemes of
arrangement	breach of trust by reason of having voted for or
under Farm.
era' Debts	having been a party to any agreement or arrange-
Adjustment
Act, 1930-34	ment between a farmer and his creditors under the
See App. seas
Vol. 1934,	provisions of the Farmers' Debts Adjustment Act, 1930-1934, including any agreement or arrangement under that Act for the writing down or suspension or the writing down and suspension of the debts of any farmer.

In this section "trustee" includes a legal personal

representative.

Citation of 3. The principal Act as amended by this Act may be

as amended. cited as the Trustees Powers Act, 1931-1935.