ABSTRACT
An express trust is one created in accordance with the express intention of the settlor. The settlor is required to transfer the relevant property to third party trustees subject to the terms of the trust manifested in favour of the beneficiaries, see Re Bowden (above, p 14). Alternatively, the settlor may expressly declare himself a trustee for the benefit of the objects (that is, selfdeclaration of trust). For example, S, the holder of 900 shares in British Gas plc declares that the shares are held on trust for his son, B, absolutely. S will become the trustee for the benefit of his son.
