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12. The leasing power of a tenant for life extends to the making of (i)A lease for giving effect to a contract entered into by any of his predecessors in title for making a lease, which, if made by the predecessor, would have been binding on the successors in title; and (ii)A lease for giving effect to a covenant of renewal, performance whereof could be enforced against the owner for the time being of the settled land; and (iii)A lease for confirming, as far as may be, a previous lease, being void or voidable; but so that every lease, as and when confirmed, shall be such a lease as might at the date of the original lease have been lawfully granted, under this Act, or otherwise, as the case may require. Surrender and new grant of leases.
© 1882 Crown Copyright
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