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LUNACY REGULATION (IRELAND) ACT 1871 - SECT 74

Committee may make sale, partition, or exchange.

74. Where a lunatic is seised of or entitled to an undivided share of land,
and it appears to [the High Court] to be for his benefit and to be expedient
that a sale of the land, or part thereof, or a partition of the land, should
be made, and where a lunatic is seised of or entitled to land, and it appears
to [the High Court] to be for his benefit and to be expedient that an exchange
thereof, or of part thereof, for other land, should be made, the committee of
the estate, in the name and on behalf of the lunatic, under an order of [the
High Court], may concur with such other person in making such sale or
partition or may make such exchange, and receive such moneys payable on the
sale, and give or receive such moneys for equality of partition or exchange,
or otherwise in relation thereto, as the order may direct; and all moneys
received by the committee of the estate upon any such sale, partition, or
exchange as aforesaid shall be applied and disposed of in manner directed in
section eighty-five of this Act respecting the fines, premiums, and sums of
money therein mentioned; and the land taken in exchange shall be held and
assured (as nearly as may be) to the same uses, and upon the same trusts, and
subject to the same powers and provisions (if any), to, upon, and subject to
which the land given in exchange was held; and the committee of the estate may
and shall, in the name and on behalf of the lunatic, execute and do all such
conveyances and things for effectuating this present provision as [the High
Court] shall order.


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© 1871 Crown Copyright

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