The beneficiary may renounce a right conferred on it.
受益人可以放弃被授与的权利。
A Brief Discussion about the Hypothecation of Trust Beneficiary Right
浅议信托受益权质押
Article 46 The beneficiary may waiver the beneficial right of the trust.
第四十六条受益人可以放弃信托受益权。
A trustee has the right to apply to the court for the impounding of that beneficiary's interest.
受托人有权申请法院没收受益人的所得。
Article 44 The beneficiary enjoys the beneficial right of the trust since the day on which the trust takes effect.
第四十四条受益人自信托生效之日起享有信托受益权。
first beneficiary retains the right to refuse to allow the transferring bank to advise amendments to the transferee.
第一受益人有权拒绝转让行通知受让人信用证之修改。
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