NSWIn ForceAct
Conveyancing and Law of Property Act 1898
46Powers of leasing may be vested in trustees
Start here
Get a plain-English read of 46
Turn the raw legal text into a practical explanation grounded in Conveyancing and Law of Property Act 1898.
#### 46 Powers of leasing may be vested in trustees
46 Powers of leasing may be vested in trustees
> > (1) Where the Court deems it expedient that any general powers of leasing any settled estates conformably to this Act should be vested in trustees, it may by order vest any such power accordingly, either in the existing trustees of the settlement or in any other persons, and such powers when exercised by such trustees shall take effect in all respects as if the power so vested in them had been originally contained in the settlement, and so as to operate (if necessary) by way of revocation and appointment of the use or otherwise as the Court directs.
>
> > (2) In every such case the Court may impose any conditions as to consents or otherwise on the exercise of such power, and 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.