50Property of minor

50 Property of minor

50 Property of minor

(1) Where a minor is beneficially entitled at law or in equity to property, the Supreme Court may, on such terms as the Court thinks fit, make orders authorising a person, either generally or in any particular instance:

(a) to make any disposition of the property,

(b) to receive the proceeds of disposition of the property,

(c) to call for a disposition of the property to the person so authorised or as the person directs,

(d) to receive the income of the property,

(e) to sue for and recover any chose in action comprised in the property,

(f) to invest the property, or

(g) to apply the capital or income of the property for the benefit of the minor.

(2) The Court shall not make an order under this section unless it appears to the Court that the order is for the benefit of the minor.