Trustee Act 1925
83Improvements and repairs without Supreme Court’s
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83 Improvements and repairs without Supreme Court’s approval (1) Where any leasehold is vested in a trustee for a child or in trust for any person in succession and in the opinion of the trustee it is expedient in the interest of all persons beneficially interested in the land to expend capital money subject to the trust for any 1 or more of the purposes specified in section 82 (1) (a) to (f) the trustee may, without the authority of the Supreme Court, expend on all or any of such purposes capital money subject to the trust not exceeding in all $25 000 or 1/3 of the value of the land whichever is the less. (2) Where in the opinion of the trustee it is expedient to exercise the power conferred by subsection (1), he or she may without the authority of the Supreme Court exercise any of the powers specified in section 82 (4), and he or she shall throw upon the respective interests of the persons beneficially interested a proper proportion of the money so expended. (3) A purchaser paying money upon a sale, or a mortgagee advancing money upon a mortgage, authorised by this section is not required to see to the application of the purchase money or mortgage money and the protection given by this subsection extends to the registrar- general.