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I post this on behalf of Martin Hogg:
Your question about trusts is a good one. I think I can
do no better than quote from the leading Scots book on Property Law (The
Law of Property in Scotland, by Kenneth Reid, who is a Scottish Law Commissioner):-
"On at least one view of the English law of trusts, ownership
is divided between trustee and beneficiary, the former holding the legal
ownership of the trust property and the latter the beneficial or equitable
ownership. However, while English law has been an important influence
on the development of the law of trusts in Scotland, the idea of divided
ownership has not been adopted. The position in Scots law is that full
and undivided ownership of trust property is held by the trustee or trustees,
and that the right of the beneficiary is simply a personal right to acquire
implementation of the purposes of the trust." (para 40)
I hope that answers your query.
I could perhaps add that for a robust defence against
a role for the 'constructive trust' in Scots law, my colleague Prof George
Gretton has an excellent 2 part article in the Edinburgh Law Review -
(1997) 1 ELR 281 and 408.
Regards,
Martin <== Previous message Back to index Next message ==> |
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