112Exercise of powers; limitation of provisions etc.

112 Exercise of powers; limitation of provisions etc. (1) Where a power of sale, exchange, partition, leasing, mortgaging, charging or other power is exercised by a tenant for life or statutory owner or by the trustees of a settlement, he and they may respectively execute, make and do all deeds, instruments and things necessary or proper in that behalf. (2) Where any provision in this Act refers to sale, purchase, exchange, partition, mortgaging, charging, leasing or other disposition or dealing, or to any power, consent, payment, receipt, deed, assurance, contract, expenses, act or transaction, it shall (unless the contrary appears) be construed as extending only to sales, purchases, exchanges, partitions, mortgages, charges, leases, dispositions, dealings, powers, consents, payments, receipts, deeds, assurances, contracts, expenses, acts and transactions under this Act. Part VIII—Procedure No. 3771 s. 113. 113 Application of Trustee Act 1958 S. 113(1) repealed by No. 19/1989 s. 16(Sch. item 48). S. 113(2)–(5) repealed by No. 110/1986 s. 140(2). (6) The provisions of the **Trustee Act 1958**, relating to vesting orders and orders appointing a person to convey shall apply to all vesting orders authorized to be made by this Act. No. 3771 s. 114. 114 Payment of costs out of settled property Where the Court directs that any costs, charges or expenses be paid out of property subject to a settlement, the same shall, subject and according to the directions of the Court, be raised and paid— (a) out of capital money arising under this Act, or other money liable to be laid out in the purchase of land to be made subject to the settlement; or (b) out of securities representing such money, or out of income of any such money or securities; or (c) out of any accumulations of income of land money or securities; or (d) by means of a sale of part of the settled land in respect whereof the costs, charges or expenses are incurred, or of other settled land comprised in the same settlement and subject to the same limitations; or (e) by means of a mortgage of the settled land or any part thereof to be made by such person as the Court directs— or partly in one of those modes and partly in another or others or in any such other mode as the Court thinks fit. Schedules Section 2. First schedule | *Number of Act* | *Title of Act* | *Extent of Repeal* | | --- | --- | --- | | 3771 | **Settled Land Act 1928** | The whole | | 4191 | **Statute Law Revision Act 1933** | Item in Schedule referring to **Settled Land Act 1928** | | 4654 | **Public Trustee Act 1939** | Clause 11 of Schedule | | 4840 | **Statute Law Revision Act 1941** | Item in Schedule referring to **Settled Land Act 1928** | | 5217 | **Statute Law Revision Act 1947** | Item in Schedule referring to **Settled Land Act 1928** | | 5286 | **Public Trustee Act 1948** | Section 10 | | 5602 | **Statute Law Revision Act 1951** | Item in Schedule referring to **Settled Land Act 1928** | Sections 73, 80, 83, 84. Sch. 2 amended by No. 81/1989 s. 3(Sch. items 46.2(a)–(e)). Second schedule PART I Improvements, the Costs of which Are Not Liable to be Replaced by Instalments (i) Drainage, including the straightening, widening, or deepening of drains, and waterways: (ii) Bridges: (iii) Irrigation; warping: (iv) Drains, pipes and machinery for supply and distribution of sewage as manure: (v) Embanking or weiring from waterway or lake, or from the sea or a tidal water: (vi) Groynes; sea walls; defences against water: (vii) Inclosing; straightening of fences; re-division of fields or paddocks: (viii) Reclamation; dry warping: (ix) Roads: (x) Clearing; trenching; planting: (xi) Cottages for labourers, farm-servants, and artisans, employed on the settled land or not: (xii) Farmhouses, offices, and outbuildings, and other buildings for farm purposes: (xiii) Saw-mills, scutch-mills, and other mills, water-wheels, engine-houses and kilns, which will increase the value of the settled land for agricultural purposes or as woodland or otherwise: (xiv) Reservoirs, tanks, conduits, waterways, pipes, wells, ponds, shafts, dams, weirs, sluices, and other works and machinery for supply and distribution of water for agricultural, manufacturing or other purposes, or for domestic or other consumption: (xv) Tramways; railways; canals; docks: (xvi) Jetties, piers, and landing places on waterways, lakes, the sea, or tidal waters, for facilitating transport of persons and of agricultural stock and produce, and of manure and other things required for agricultural purposes, and of minerals, and of things required for mining purposes: (xvii) Streets, roads, paths, squares, gardens, or other open spaces for the use, gratuitously or on payment, of the public or of individuals, or for dedication to the public, the same being necessary or proper in connexion with the conversion of land into building land: (xviii) Sewers, drains, waterways, pipe-making, fencing, paving, brick-making, tile-making, and other works necessary or proper in connexion with any of the objects aforesaid: (xix) Trial pits for mines, and other preliminary works necessary or proper in connexion with development of mines: (xx) Reconstruction, enlargement, or improvement of any of the works mentioned in the preceding paragraphs: (xxi) Additions to or alterations in buildings reasonably necessary or proper to enable the same to be let: (xxii) Erection of buildings in substitution for buildings taken under compulsory powers, but so that no more money be expended than the amount received for the buildings taken and the site thereof: (xxiii) Any improvement or other work required to be done by any Act of the Parliament of Victoria whether on freehold land or land held on licence or lease from the Crown. PART II Improvements, the Costs of which the Trustees of the Settlement or the Court may Require to be Replaced by Instalments (i) Residential houses for land or minerals agents, managers, clerks, bailiffs, woodmen, gamekeepers and other persons employed on the settled land, or in connexion with the management or development thereof: (ii) Any offices, workshops and other buildings of a permanent nature required in connexion with the management or development of the settled land or any part thereof: (iii) The erection and building of dwelling houses, shops, buildings for religious, educational, literary, scientific, or public purposes, market places, market houses, places of amusement and entertainment, gasworks, electric light or power works, or any other works necessary or proper in connexion with the development of the settled land, or any part thereof as a building estate: (iv) Restoration or reconstruction of buildings damaged or destroyed by dry rot ants borers or other insects: (v) Structural additions to or alterations in buildings reasonably required, whether the buildings are intended to be let or not, or are already let: (vi) Boring for water and other preliminary works in connexion therewith. PART III Improvements, the Costs of which the Trustees of the Settlement and the Court Must Require to be Replaced by Instalments (i) Heating, hydraulic or electric power apparatus for buildings, and engines, pumps, lifts, rams, boilers, flues, and other works required or used in connexion therewith: (ii) Engine houses, engines, gasometers, dynamos, accumulators, cables, pipes, wiring, switchboards, plant and other works required for the installation of electric, gas, or other artificial light, in connexion with any principal mansion house or other house or buildings; but not electric lamps, gas fittings, or decorative fittings required in any such house or building: (iii) Steam rollers, traction engines, motor lorries and moveable machinery for farming or other purposes. Endnotes 1 General information See [www.legislation.vic.gov.au](http://www.legislation.vic.gov.au) for Victorian Bills, Acts and current Versions of legislation and up-to-date legislative information. The **Settled Land Act 1958** was assented to on 30 September 1958 and came into operation on 1 April 1959: Government Gazette 18 March 1959 p. 893. 2 Table of Amendments This publication incorporates amendments made to the **Settled Land Act 1958** by Acts and subordinate instruments. ––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– **Statute Law Revision Act 1959, No. 6505/1959** | Assent Date: | 5.5.59 | | Commencement Date: | 1.4.59: s. 1(2) | **Statute Law (Further Revision) Act 1962, No. 6961/1962** | Assent Date: | 18.12.62 | | Commencement Date: | 18.12.62 | **Statute Law Revision Act 1963, No. 7065/1963** | Assent Date: | 3.12.63 | | Commencement Date: | 3.12.63 | **Statute Law Revision Act 1971, No. 8181/1971** | Assent Date: | 23.11.71 | | Commencement Date: | 23.11.71: subject to s. 2(2) | **Age of Majority Act 1977, No. 9075/1977** | Assent Date: | 6.12.77 | | Commencement Date: | 1.2.78: Government Gazette 11.1.78 p. 97 | **Statute Law Revision Act 1980, No. 9427/1980** | Assent Date: | 27.5.80 | | Commencement Date: | 27.5.80: subject to s. 6(2) | **Statute Law Revision Act 1984, No. 10087/1984** | Assent Date: | 22.5.84 | | Commencement Date: | 22.5.84: subject to s. 3(2) | **Trustee Companies Act 1984, No. 10168/1984** | Assent Date: | 20.11.84 | | Commencement Date: | 5.12.84: Government Gazette 5.12.84 p. 4329 | **Courts Amendment Act 1986, No. 16/1986** | Assent Date: | 22.4.86 | | Commencement Date: | Ss 1–11, 13–27, 29–34 on 1.7.86: Government Gazette 25.6.86 p. 2180; s. 28 on 1.9.86: Government Gazette 27.8.86 p. 3201; s. 12 on 1.1.88: Government Gazette 7.10.87 p. 2701 | **Supreme Court Act 1986, No. 110/1986** | Assent Date: | 16.12.86 | | Commencement Date: | 1.1.87: s. 2 | **State Trust Corporation of Victoria Act 1987, No. 55/1987** | Assent Date: | 20.10.87 | | Commencement Date: | 2.11.87: Government Gazette 28.10.87 p. 2925 | **County Court (Amendment) Act 1989, No. 19/1989** | Assent Date: | 16.5.89 | | Commencement Date: | 1.8.89: Government Gazette 26.7.89 p. 1858 | **Water (Consequential Amendments) Act 1989, No. 81/1989** | Assent Date: | 5.12.89 | | Commencement Date: | 1.11.90: Government Gazette 15.8.90 p. 2473 | **State Trustees (State Owned Company) Act 1994, No. 45/1994** | Assent Date: | 7.6.94 | | Commencement Date: | S. 42(Sch. items 8.1–8.6) on 1.7.94: Special Gazette (No. 36) 23.6.94 p. 1 | **Legal Practice Act 1996, No. 35/1996** | Assent Date: | 6.11.96 | | Commencement Date: | S. 453(Sch. 1 item 75) on 1.1.97: s. 2(3) | **Legal Profession (Consequential Amendments) Act 2005, No. 18/2005** | Assent Date: | 24.5.05 | | Commencement Date: | S. 18(Sch. 1 item 98) on 12.12.05: Government Gazette 1.12.05 p. 2781 | **Statute Law Revision Act 2011, No. 29/2011** | Assent Date: | 21.6.11 | | Commencement Date: | S. 3(Sch. 1 item 85) on 22.6.11: s. 2(1) | **Legal Profession Uniform Law Application Act 2014, No. 17/2014** | *Assent Date:* | 25.3.14 | | *Commencement Date:* | S. 160(Sch. 2 item 89) on 1.7.15: Special Gazette (No. 151) 16.6.15 p. 1 | | *Current State:* | This information relates only to the provision/s amending the **Settled Land Act 1958** | ––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 3 Amendments Not in Operation Not updated for this publication. 4 Explanatory details 1. S. 3(1) def. of ***statutory owner***: See sections 19–21. [↑](#endnote-ref-1) 2. S. 3(1) def. of ***term of years absolute***: See **Property Law Act 1958**, section 149(3). [↑](#endnote-ref-2) 3. S. 8(1)(d): See **Marriage Act 1958**, section 157. [↑](#endnote-ref-3) 4. S. 9: See **Property Law Act 1958**, sections 31 and following. [↑](#endnote-ref-4) 5. S. 15: See sections 104, 105. [↑](#endnote-ref-5) 6. S. 16(1)(i): See note 3. [↑](#endnote-ref-6) 7. S. 24: See **Marriage Act 1958**, Part 8. [↑](#endnote-ref-7) 8. S. 25: See note 7. [↑](#endnote-ref-8) 9. S. 30(3): See section 26. [↑](#endnote-ref-9) 10. S. 39(1): See sections 54–56 and **Trustee Act 1958**, section 16. [↑](#endnote-ref-10) 11. S. 39(4)(a): See **Property Law Act 1958**, section 125. [↑](#endnote-ref-11) 12. S. 40(1): See note 11. [↑](#endnote-ref-12) 13. S. 42(1): See subsection (5) of this section. [↑](#endnote-ref-13) 14. S. 42(5)(a)(i): See section 101. [↑](#endnote-ref-14) 15. S. 42(5)(b): See **Property Law Act 1958**, section 54(2). [↑](#endnote-ref-15) 16. S. 48(d): See section 75 as to the investment of capital money. [↑](#endnote-ref-16) 17. S. 68(3): See section 27. [↑](#endnote-ref-17) 18. S. 72(3): See section 42(5)(b). [↑](#endnote-ref-18) 19. S. 73(1)(l): See section 88(6). [↑](#endnote-ref-19) 20. S. 74(1): See section 73(1)(e) and 88(6). [↑](#endnote-ref-20) 21. S. 90(1)(d): See sections 39 and 52. [↑](#endnote-ref-21) 22. S. 101(1): See section 42(5). [↑](#endnote-ref-22) 23. S. 102: See **Trustee Act 1958**, section 37 as to application of income for maintenance. [↑](#endnote-ref-23) 24. S. 108(2): Compare **Trustee Act 1958**, section 13(3). [↑](#endnote-ref-24)