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Trustee Act 1925
76Sale or mortgage of land
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76 Sale or mortgage of land
(1) If the Supreme Court makes an order directing the sale or mortgage
of land, the court may make an order vesting the land, or part of it,
for any estate the court considers appropriate in the purchaser, the
mortgagee, or anyone else.
(2) For this section, every person who is entitled to or possessed of the
land, or entitled to a contingent right in the land, and is a party to the
proceeding in which the order is made or is otherwise bound by the
order, shall be deemed to be so entitled or possessed, as the case may
be, as a trustee within the meaning of this Act.