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SETTLED ESTATES ACT 1877 - SECT 12

After approval of a lease, Court to direct who shall be the lessor.

12. When a particular lease or contract for a lease has been approved by the
Court, the Court shall direct what person or persons shall execute the same as
lessor; and the lease or contract executed by such person or persons shall
take effect in all respects as if he or they was or were at the time of the
execution thereof absolutely entitled to the whole estate or interest which is
bound by the settlement, and had immediately afterwards settled the same
according to the settlement, and so as to operate (if necessary) by way of
revocation and appointment of the use or otherwise, as the Court shall direct.


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© 1877 Crown Copyright

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