65Application of purchase-money or compensation where parties only entitled to sell because of this Part

65 Application of purchase-money or compensation where parties only entitled to sell because of this Part

(1)  Where land is acquired from a person who, except for this Part, would not be entitled to sell the land, the purchase-money or compensation for the land is to be, with the consent of all interested parties, paid to a trustee subject to the trusts declared in the deed of trust.

(2)  [Section 65 Subsection (2) amended by No. 33 of 1996, Sched. 1, Applied:01 Sep 1997] [Section 65 Subsection (2) amended by No. 33 of 1996, Sched. 1, Applied:01 Sep 1997] Where a person–

(a) [Section 65 Subsection (2) amended by No. 33 of 1996, Sched. 1, Applied:01 Sep 1997] is an infant or a person in respect of whose estate an administrator has been appointed under the Guardianship and Administration Act 1995 ; and

(b) is interested in, or entitled to receive, any purchase-money or compensation under this Act–

the person's consent to any application or disposition of the purchase-money or compensation may be given by the person's guardian or that administrator on the person's behalf or the purchase-money or compensation may be paid to that guardian or administrator.

(3)  Where all the interested parties referred to in subsection (1) do not consent to the payment of purchase-money or compensation to a trustee, the acquiring authority must apply to the Court for a determination in relation to the application of the purchase-money or compensation.