39Persons entitled to apply for vesting orders

39 Persons entitled to apply for vesting orders (1) An order under this Act for the appointment of a new trustee, or concerning any land, stock, or chose in action subject to a trust, may be made on the application of any person beneficially interested in the land, stock, or chose in action, whether under disability or not, or on the application of any person duly appointed trustee thereof. (2) An order under this Act concerning any land, stock, or chose in action subject to a mortgage may be made on the application of any person, whether under disability or not, who is beneficially interested, in equity or otherwise, in the land, stock, or chose in action, or of any person interested in the money secured by the mortgage.