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← Settled Estates Act 1934

Settled Estates Act 1934 s 30

s 30 Court may direct application of money in respect of leases or reversions as may appear just

30. Where any purchase money paid into court under this Act has been paid in respect of any lease for a life or lives or years (or for a life or lives and years), or any estate in immovable property less than the whole fee simple thereof, or of any reversion dependent on any such lease or estate, the court or a judge may, on the application of any party interested in such money, order that the same shall be laid out, invested, accumulated and paid, in such manner as the court or judge considers will give to the parties interested in such money the same benefit therefrom as they might lawfully have had from the lease, estate or reversion in respect of which such money has been paid, or as near thereto as may be.

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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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