170 Infants' Property

• Author: Ralph Hone
• Pages: #4

CHAPTER 170.

INFANTS' PROPERTY.

AN ACT RELATING TO THE SALE AND LEASE OF INFANTS' ESTATES.

[21st March 1914.] 1. This Act may be cited as The Infants' Property 15 of 1914.

46 of 1964.

Act.

Short title.

Court to authorise sale of infants' lands.

2. -(1) It shall be lawful for the court on the petition of any infant by his guardian or next friend, if it shall deem it proper and for the benefit of such infant, from time to time to authorise the sale of any lands of such infant, subject, if the court shall so direct, to such petition meeting with the concurrence or consent of any person having any estate, interest, charge or incumbrance affecting the same; and every such sale shall be conducted and confirmed in the same manner as by the rules and practice of the court for the time being is or shall be required in the sale of lands sold under a decree of the court.

   (2) On every sale to be effected under the provisions of this Act, the court may direct what person or persons shall execute the deed of conveyance and for such estate as the court shall direct or may issue an order vesting such land in the purchaser or purchasers thereof, and the order shall have the same effect as if the infant had been twenty-one years of age and had duly executed a conveyance or assignment of the land for the same estate.

3. It shall be lawful for the court on the petition of any infant by his guardian or next friend, if it shall deem it proper and for the benefit of such infant and consistent with a due regard for the interests of any other persons interested in the lands, to authorise leases of any lands of such infant or of any parts thereof for any purposes whatsoever, subject however to the following conditions:Court to authorise leases of infants' lands.

   (a) every such lease shall be made to take effect in possession and shall be for a term of years not exceeding twenty-one years;

   (b) on every such lease shall be reserved the best rent, or reservation in the nature of rent, either uniform or not, that can be reasonably obtained to be made payable half-yearly or oftener without taking any fine or other benefit in the nature of a fine. Such rent shall be incident to the immediate reversion;

   (c) every such lease shall be by deed and shall contain certain conditions for re-entry(i) on non-payment of the rent for a period not less than twenty-eight days after it becomes due;

   ii) on non-observance -of any of the covenants and conditions therein contained;

   (d) no...