79Vesting orders, terms of etc.

##### 79. Vesting orders, terms of etc. (1) A vesting order may vest the property in such person, in such manner and for such estate or interest as the Court may direct, or may release or dispose of any contingent right to such person as the Court may direct. (2) The fact that a vesting order is founded or purports to be founded on an allegation of the existence of any of the matters mentioned or referred to in section 78 is conclusive evidence of the matter so alleged, in any Court, upon any question as to the validity of the order. (3) Nothing in this Act prevents the Court from directing a reconveyance or the payment of costs occasioned by any vesting order if improperly obtained, or from making a further vesting order. (4) Where, by reason of the dissolution of a corporation either before or after the commencement of this Act, a legal estate in any property has determined, the Court may by order create a corresponding estate and vest it in the person who would have been entitled to the estate that determined, had it remained a subsisting estate.