5 "Belonging to another"

5  "Belonging to another"

(1)     Property shall be regarded as belonging to any person having possession or control of it, or having in it any proprietary right or interest (not being an equitable interest arising only from an agreement to transfer or grant an interest).

(2)     Where property is subject to a trust, the persons to whom it belongs shall be regarded

Powered by Lexis+®

Popular documents