PROPERTY LAW ACT 1958 - SECT 260 Trustee in bankruptcy in the case of the bankruptcy of a tenant in tail by deed to dispose of the land of the bankrupt to a purchaser

PROPERTY LAW ACT 1958 - SECT 260

Whenever an order is made placing the estate of any bankrupt under sequestration for the benefit of his creditors, it shall be lawful for the trustee in bankruptcy by deed to dispose of any land of which the bankrupt (either at the time of making such order or at any time afterwards before he has obtained his discharge or certificate) is a tenant in tail, to a purchaser for valuable consideration for the benefit of the creditors of such bankrupt tenant in tail, and such disposition shall create as large an estate in the land disposed of as the tenant in tail, if he had not become bankrupt could have created or done under this Part by a deed duly acknowledged; and no deed by which such trustee shall under this Part dispose of land shall require acknowledgment by any person.

No. 3754 s. 260.