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← Settled Estates Act 1934

Settled Estates Act 1934 s 23

s 23 Power of leasing may be vested in trustees

23.—(1) When 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. (2) 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. (3) 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. (4) 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.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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