23. Power of leasing may be vested in trustees
Feedback & supportWhen it appears to be expedient that any general powers of leasing any settled estates should be vested in trustees, the court or a judge may, by order, vest any such powers accordingly, either in the existing trustees of the settlement, or in any other persons.
court
“court” means the General Division of the High Court or a Judge sitting in open court in the General Division of the High Court;
Such powers, when exercised by such trustees, shall take effect in all respects as if the powers so vested in them had been originally contained in the settlement.
settlement
“settlement” means any statute, deed, agreement, will or other instrument, or any number of such instruments, under or by virtue of which any immovable property, or any estates or interests therein, stand limited to, or in trust for, any person or persons, by way of succession, including any such instruments affecting the estates of any one or more of such persons exclusively.
In every such case the court or judge, if it or he thinks fit, may impose any conditions as to consents, or otherwise, on the exercise of such powers.
judge
“judge” means a Judge sitting in chambers in the General Division of the High Court;
The court or judge may also authorise the insertion of provisions for the appointment of new trustees from time to time for the purpose of exercising such powers of leasing as aforesaid.