Acts and Regulations

2015, c.21 - Trustees Act

Full text
Interpretation and application
44(1)In this Division, “spouse” means either of two persons who
(a) are married to each other, or
(b) are not married to each other but have cohabited continuously in a conjugal relationship for a period of two years.
44(2)This Division does not apply in respect of the following trusts unless the trust instrument expressly provides otherwise:
(a) an alter ego trust;
(b) a joint spousal or common-law partner trust;
(c) a post-1971 spousal or common-law partner trust; and
(d) a pre-1972 spousal trust.
44(3)A direction in a provision of a trust instrument to accumulate income is not in itself sufficient to exclude or vary a provision in this Division.
Interpretation and application
44(1)In this Division, “spouse” means either of two persons who
(a) are married to each other, or
(b) are not married to each other but have cohabited continuously in a conjugal relationship for a period of two years.
44(2)This Division does not apply in respect of the following trusts unless the trust instrument expressly provides otherwise:
(a) an alter ego trust;
(b) a joint spousal or common-law partner trust;
(c) a post-1971 spousal or common-law partner trust; and
(d) a pre-1972 spousal trust.
44(3)A direction in a provision of a trust instrument to accumulate income is not in itself sufficient to exclude or vary a provision in this Division.