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SETTLED LAND ACT 1882 - SECT 46

46.(2) Payment of money into Court effectually exonerates therefrom the person
making the payment.

(3) Every application to the Court shall be by petition, or by summons at
Chambers.

(4) On an application by the trustees of a settlement notice shall be served
in the first instance on the tenant for life.

(5) On any application notice shall be served on such persons, if any, as the
Court thinks fit.

(6) The Court shall have full power and discretion to make such order as it
thinks fit respecting the costs, charges, or expenses of all or any of the
parties to any application, and may, if it thinks fit, order that all or any
of those costs, charges, or expenses be paid out of property subject to the
settlement.

Subs.(9) rep. by SLR 1898

(10) The powers of the Court may, as regards land not exceeding in capital
value five hundred pounds, or in annual rateable value thirty pounds, and, as
regards capital money arising under this Act, and securities in which the same
is invested, not exceeding in amount or value five hundred pounds, and as
regards personal chattels settled or to be settled, as in this Act mentioned,
not exceeding in value five hundred pounds, be exercised by any County Court
within the district whereof is situate any part of the land which is to be
dealt with in the Court, or from which the capital money to be dealt with in
the Court arises under this Act, or in connexion with which the personal
chattels to be dealt with in the Court are settled.

© 1882 Crown Copyright

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