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SETTLED LAND ACT 1958 - SECT 38 Powers of sale and exchange

SETTLED LAND ACT 1958 - SECT 38

Powers of sale and exchange

A tenant for life with the consent of the trustees of the settlement or order of the Court

        (a)     may sell the settled land, or any part thereof, or any easement, right or privilege of any kind over or in relation to the land;

        (b)     may make an exchange of the settled land, or any part thereof, or of any easement, right of privilege of any kind, whether or not newly created, over or in relation to the settled land, or any part thereof, for other land, or for any easement, right or privilege of any kind, whether or not newly created, over or in relation to other land, including an exchange in consideration of money paid for equality of exchange;

        (c)     where the settlement comprises an undivided share in land or under the settlement the settled land has come to be held in undivided shares may concur in making partition of the entirety, including a partition in consideration of money paid for equality of partition.

No. 3771 s. 39.