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LUNACY REGULATION (IRELAND) ACT 1871 - SECT 77

Committee may dispose of undesirable lease.

77. Where a lunatic is entitled to a lease for a life or lives or for a term
of years, either absolute or determinable on a death or otherwise, or to an
under-lease, of whatsoever nature, and it appears to [the High Court] to be
desirable and for the benefit of the lunatic or his estate that the lease or
under-lease should be disposed of, the committee of the estate may, in the
name and on behalf of the lunatic, under order of [the High Court], surrender,
assign, or otherwise dispose of the lease or under-lease, to such person, for
such valuable or nominal or other consideration, upon such terms, by such
conveyances, and in such manner, and shall apply the moneys (if any) arising
thereby in such manner, as [the High Court] shall order.

© 1871 Crown Copyright

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