Protection of persons dealing in registered land

(1) No person dealing or proposing to deal for valuable consideration with a proprietor shall be required– (a) to inquire or ascertain the circumstances in or the consideration for which such proprietor or 35 any previous proprietor was registered or the manner in which any such consideration or part thereof was utilised; or (b) to search any register kept under the General CAP. 327. (2) Where the proprietor of a land, a lease or a charge is a trustee he shall, in dealing therewith, be deemed to be absolute proprietor thereof, and no disposition by such trustee to a bona fide purchaser for valuable consideration shall be defeasible by reason of the fact that such disposition amounted to a breach of