New South Wales Consolidated Acts

LIMITATION ACT 1969 - SECT 50

50 Beneficiaries other than the plaintiff

Where a beneficiary under a trust brings an action in respect of the trust, another beneficiary under the trust is not entitled to derive from the action any benefit for which, by reason of this Act, an action by that other beneficiary is not maintainable if brought on the date on which the firstmentioned action is brought.