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#equity #formalities #law
Section 53(1)(b) applies to express trusts; LPA 1925, s 53(2) provides that the requirements of s 53(1) do not affect the creation or operation of implied, resulting and constructive trusts. Section 53(2) exempts these trusts from the need for writing. A good example of the operation of s 53(2) is the case of Hodgson v Marks [1971] Ch 892.
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