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SETTLED LAND ACT 1882 - SECT 47

Payment of costs out of settled property.

47. Where the Court directs that any costs, charges, or expenses be paid out
of property subject to a settlement, the same shall, subject and according to
the directions of the Court, be raised and paid out of capital money arising
under this Act, or other money liable to be laid out in the purchase of land
to be made subject to the settlement, or out of investments representing such
money, or out of income of any such money or investments, or out of any
accumulation of income of land, money, or investments, or by means of a sale
of part of the settled land in respect whereof the costs, charges, or expenses
are incurred, or of other settled land comprised in the same settlement and
subject to the same limitations, or by means of a mortgage of the settled land
or any part thereof, to be made by such person as the Court directs, and
either by conveyance of the fee simple or other estate or interest the subject
of the settlement, or by creation of a term, or otherwise, or by means of a
charge on the settled land or any part thereof, or partly in one of those
modes and partly in another or others, or in any such other mode as the Court
thinks fit.

© 1882 Crown Copyright

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