Trustee Ordinance

(1)
Trustees, or the majority of trustees, having in their hands or under their
                control money or securities belonging to a trust, may pay the same into court, and
                the same shall, subject to the rules of court, be dealt with according to the orders
                of the court.
(2)
The receipt or certificate of the proper officer shall be a sufficient
                discharge to trustees for the money or securities so paid into court.
(3)
Where money or securities is or are vested in any persons as trustees, and the
                majority are desirous of paying the same into court, but the concurrence of the
                other or others cannot be obtained, the court may order the payment into court to be
                made by the majority without the concurrence of the other or others.
(4)
Where any such money or securities is or are deposited with any banker, broker,
                or other depositary, the court may order payment or delivery of the money or
                securities to the majority of the trustees for the purpose of payment into
                court.
(5)
Every transfer, payment and delivery made in pursuance of any such order shall
                be valid and take effect as if the same had been made on the authority or by the act
                of all the persons entitled to the money and securities so transferred, paid or
                delivered.
[cf. 1925 c. 19 s. 63 U.K.]