Cap. 331 Art. 33Constructive trustees.

(1) Subject to the provisions of subarticle (2), where a person (in this article referred to as a "constructive trustee") makes or receives any profit, gain or advantage from breach of trust he shall be deemed to be a trustee of that profit, gain or advantage; and the beneficiary of such trust shall be deemed to be the trust, or the beneficiary, or other person, to the detriment of whom or at the expense of whom the profit, gain or advantage was made.

(2) Subarticle (1) shall not apply to a person acquiring property under an onerous title in good faith.

(3) A person who is or becomes a constructive trustee shall deliver up the property to or in favour of the beneficiaries thereof.