Settled Land Act 1925
Settled Land Act 1925 (1925 c. 18)
- Settled Land Act 1925 (1925 c. 18)
- Part I General Preliminary Provisions
- Settlements and Settled Land
- 1 What constitutes a settlement.
- 2 What is settled land.
- 3 Duration of settlements.
- 4 Authorised method of settling land inter vivos.
- 5 Contents of vesting deeds.
- 6 Procedure in the case of settlements by will.
- 7 Procedure on change of ownership.
- 8 Mode and costs of conveyance, and saving of rights of personal representatives and equitable chargees.
- 9 Procedure in the case of settlements and of instruments deemed to be trust instruments.
- 10 Procedure on acquisition of land to be made subject to a settlement.
- 11 As to contracts for the settlement of land.
- 12 Power to make vesting orders as to settled land.
- 13 Dispositions not to take effect until vesting instrument is made.
- 14 Forfeiture and stamps.
- 15 Examples of instruments.
- Enforcement of Equitable Interests and Powers against Estate Owner and discharge on termination of Settlement
- 16 Enforcement of equitable interests and powers against estate owner.
- 17 Deed of discharge on termination of settlement.
- Restrictions on dispositions of Settled Land where Trustees have not been Discharged
- 18 Restrictions on dispositions of settled land where trustees have not been discharged.
- Tenants for Life and Persons with Powers of Tenant for Life
- 19 Who is tenant for life.
- 20 Other limited owners having powers of tenant for life.
- 21 Absolute owners subject to certain interests to have the powers of tenant for life.
- 22 Provisions applicable where interest in settled land is restored.
- 23 Powers of trustees, &c. when there is no tenant for life.
- 24 As to a tenant for life who has parted with his interest.
- 25 Married woman, how to be affected.
- 26 Infants, how to be affected.
- 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 29 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- Trustees of Settlement
- 30 Who are trustees for purposes of Act.
- 31 As to trustees of compound settlements.
- 32 As to trustees of referential settlements.
- 33 Continuance of trustees in office, and as to certain compound settlements.
- 34 Appointment of trustees by court.
- 35 Procedure on appointment of new trustees.
- Provisions as to Undivided Shares
- 36 Undivided shares to take effect behind a trust of land.
- Transitional Provisons
- 37 Transitional provisions with respect to existing settlements, &c.
- Part II Powers of a Tenant for Life
- Sale and Exchange
- 38 Powers of sale and exchange.
- 39 Regulations respecting sales.
- 40 Regulations respecting exchanges.
- Leasing Powers
- 41 Power to lease for ordinary or building or mining or forestry purposes.
- 42 Regulations respecting leases generally.
- 43 Leasing powers for special objects.
- Provisions as to building, mining and forestry leases
- 44 Regulations respecting building leases.
- 45 Regulations respecting mining leases.
- 46 Variation of building or mining lease according to circumstances of district.
- 47 Capitalisation of part of mining rent.
- 48 Regulations respecting forestry leases.
- Miscellaneous Powers
- 49 Power on dispositions to impose restrictions and make reservations and stipulations.
- 50 Separate dealing with surface and minerals, with or without wayleaves, &c.
- 51 Power to grant options.
- 52 Surrenders and regrants.
- 53 Acceptance of leases.
- 54 Power to grant water rights to statutory bodies.
- 55 Power to grant land for public and charitable purposes.
- 56 Dedication for streets, open spaces, &c.
- 57 Provision of land for small dwellings, small holdings and dwellings for working classes.
- 58 Power to compromise claims and release restrictions, &c.
- 59 Power to vary leases and grants and to give licences and consents.
- 60 Power to apportion rents.
- 61 Provisions as to consideration.
- 62 †Special provisions as to manorial incidents, &c.
- 63 Power to complete predecessor’s contracts.
- 64 General power for the tenant for life to effect any transaction under an order of the court.
- Provisions as to special classes of property
- 65 Power to dispose of mansion.
- 66 Cutting and sale of timber, and capitalisation of part of proceeds.
- 67 Sale and purchase of heirlooms under order of court.
- Dealings as between tenants for life and the estate
- 68 Provision enabling dealings with tenant for life.
- Incumbrances
- 69 Shifting of incumbrances.
- 70 Power to vary provisions of an incumbrance and to charge by way of additional security.
- Raising of Money
- 71 Power to raise money by mortgage.
- Conveyance
- 72 Completion of transactions by conveyance.
- Part III Investment or other application of Capital Money
- 73 Modes of investment or application.
- 74 Power to acquire land subject to certain incumbrances.
- 75 Regulations respecting investment, devolution, and income of securities, &c.
- 75A Power to accept charge as security for part payment for land sold.
- 76 Application of money in court under Lands Clauses and other Acts.
- 77 Application of money in hands of trustees under powers of settlement.
- 78 Provision as to personal estate settled by reference to capital money, or on trusts corresponding with the limitations of land.
- 79 Application of money paid for lease or reversion.
- 80 As to money received by way of damages for breach of covenant.
- 81 As to capital arising otherwise than under the Act.
- 82 Land acquired may be made a substituted security for released charges.
- Part IV Improvements
- Improvements with Capital Money
- 83 Description of improvements authorised by Act.
- 84 Mode of application of capital money.
- 85 Creation of rentcharges to discharge instalments.
- Sundry Provisions as to Improvements
- 86 Concurrence in improvements.
- 87 Court may order payment for improvements executed.
- 88 Obligation on tenant for life and successors to maintain, insure, &c.
- 89 Protection as regards waste in execution and repair of improvements.
- Part V Miscellaneous Provisions
- 90 Power for tenant for life to enter into contracts.
- 91 Provisions as to different estates settled upon the same limitations.
- 92 Proceedings for protection or recovery of land settled or claimed as settled.
- 93 Reference of questions to court.
- Part VI General Provisions as to Trustees
- 94 Number of trustees to act.
- 95 Trustees’ receipts.
- 96 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 97 Protection of trustees generally.
- 98 Protection of trustees in particular cases.
- 99 Indemnities to personal representatives and others.
- 100 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 101 Notice to trustees.
- 102 Management of land during minority or pending contingency.
- Part VII Restrictions, Savings, and Protection of Purchasers
- 103 Legal estate in settled land not to vest in trustee in bankruptcy of estate owner.
- 104 Powers not assignable, and contract not to exercise powers void.
- 105 Effect of surrender of life estate to the next remainderman.
- 106 Prohibition or limitation against exercise of powers void, and provision against forfeiture.
- 107 Tenant for life trustee for all parties interested.
- 108 Saving for and exercise of other powers.
- 109 Saving for additional or larger powers under settlement.
- 110 Protection of purchasers, &c.
- 111 Purchaser of beneficial interest of tenant for life to have remedies of a legal owner.
- 112 Exercise of powers; limitation of provisions, &c.
- Part VIII Court, Ministry of Agriculture and Fisheries, Procedure
- 113 Jurisdiction and procedure.
- 114 Payment of costs out of settled property.
- 115 Powers of the Minister of Agriculture.
- 116 Filing of certificates, &c. at the Ministry of Agriculture.
- Part IX Supplementary Provisions
- 117 Definitions.
- 118 Retrospective amendment of certain provisions of Settled Land Acts.
- 119 Repeals, savings, and construction.
- 120 †Short title, commencement and extent.
- FIRST SCHEDULE Forms of Instruments
- Form No. 1 Vesting Deed for giving effect to a Settlement subsisting at the Commencement of this Act
- Form No. 2 Vesting Deed on the Settlement of Land
- Form No. 3 Trust Instrument of the Settlement of Land
- Form No. 4 Subsidiary Vesting Deed on Sale when the Land is Purchased with Capital Money
- Form No. 5 Vesting Assent by Personal Representative
- SECOND SCHEDULE Transitional Provisions affecting Existing Settlements
- Paragraph 1 Provisions for vesting legal estate in tenant for Life or Statutory Owner
- Paragraph 2 Provisions where Settled Land is at commencement of Act vested in personal representatives
- Paragraph 3 Provisions as to Infants
- Part I Improvements, the costs of which are not liable to be replaced by Instalments
- Part II Improvements, the Costs of which the Trustees of the Settlement or the Court may require to be replaced by Instalments
- Part III Improvements, the Costs of which the Trustees of the Settlement and the Court must require to be replaced by Instalments
- FOURTH SCHEDULE Retrospective Amendments of the Settled Land Acts, 1882 to 1890
- ...
- Powers on sale, &c.
- Sale of timber and fixtures at a valuation.
- Raising of money.
- Provision where interest in settled land is restored.
- Referential settlements.
- Application of capital money.
- As to capital arising otherwise than under the Settled Land Acts.
- power for Public Trustee to give receipts and accept notices.
- Assignments of tenant for life’s interest.
- As to base fees.
- Amendment of s. 58(1)(ix) of the Act of 1882.
- ...
- Fifth Schedule . . .
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