Section 100 — Trustee's reimbursements — Settled Land Act 1958 (Victoria) — Barrister AI

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Section 100 — Trustee's reimbursements — Settled Land Act 1958 (Victoria) — Barrister AI

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s 1Short title, commencement and Division s 2Repeal and savings s 3Definitions s 4Application of Act s 5Application of Act to land etc. under Transfer of Land Act s 6Limitation of powers of tenant for life and trustee s 8What constitutes a settlement s 9Exception of lands held on trust for sale[4]s 10What is settled land s 11Duration of settlements s 12Who is tenant for life s 13Joint tenants etc.s 14Tenants for life of undivided shares s 15Powers of tenant for life not affected by charges etc.[5]s 16Other limited owners having powers of tenant for life s 17Provisions applicable where interest in settled land is restored s 18Resettlement by way of restoration s 19Powers of trustee etc. when there is no tenant for life s 20Provision where tenant for life is sole trustee of settlement s 21As to a tenant for life who has parted with his interest s 22Tenant for life not to exercise powers while order under preceding section in force s 23When order may be made s 24Application of foregoing provisions to married woman[7]s 25Powers not affected by restraint on anticipation[8]s 26Trustees to exercise powers where tenant for life minor s 27Orders if tenant for life becomes a publicly represented person s 29Concurrence in case of undivided shares s 30Who are trustees for purposes of Act s 31As to trustees of compound settlements s 32As to trustees of referential settlements s 33Continuance of trustees in office s 34Title of person to whom disposition made unimpeachable in certain cases of compound settlements s 35Confirmation of dispositions made before commencement of this Act s 36Appointment of trustees by Court s 37Survivors etc. of persons appointed to be trustees of settlement s 38Powers of sale and exchange s 39Regulations respecting sales s 40Regulations respecting exchanges and partitions s 41Power to lease for ordinary or building or mining or forestry purposes s 42Regulations respecting leases generally s 43Leasing powers for special objects s 44Regulations respecting building leases s 45Regulations respecting mining leases s 46Variation of building or mining lease according to circumstances of district s 47Capitalisation of part of mining rent s 48Power on dispositions to impose restrictions and make reservations and stipulations s 49Sale subject to stipulation as to timber s 50Separate dealing with surface and minerals with or without wayleaves etc.s 51Reservation of undivided share in mines s 52Surrenders and regrants s 53Acceptance of leases s 54Power to grant water rights to statutory bodies s 55Power to grant land for public and charitable purposes s 56Dedication for streets, open spaces etc.s 57Power to compromise claims and release restrictions etc.s 58Power to release covenants etc.s 59Power to vary leases and grants and to give licences and consents s 60Powers to apportion rents s 61Provisions as to consideration s 62Definition s 63Power to complete predecessor's contracts s 64Tenant for life to effect any transaction under an order given by Court s 65Definitions s 66Cutting and sale of timber and capitalisation of part of proceeds s 67Sale and purchase of heirlooms under order of Court s 68Provision enabling dealings with tenant for life s 69Shifting of incumbrances s 70Power to vary provisions of an incumbrance and to charge by way of additional security s 71Power to raise money by mortgage s 72Completion of transactions by conveyance s 73Modes of investment of application s 74Power to acquire land subject to certain incumbrances s 75Regulations respecting investment, devolution and income of securities etc.s 76Application of money in court under this Act and other Acts s 77Application of money in hands of trustees under powers of settlement s 78Personal estate settled by reference to capital money or trusts s 79Application of money to be paid for lease or reversion s 80As to money received by way of damages for breach of covenant s 81As to capital arising otherwise than under the Act s 82Settlement of acquired land s 83Description of improvements authorized by Act s 84Mode of application of capital money s 85Creation of rent charges to discharge instalments s 86Concurrence in improvements s 87Court may order payment for improvements executed s 88Obligation on tenant for life and successors to maintain, insure etc.s 89Protection as regards waste in execution and repair of improvements s 90Power for tenant for life to enter into contracts s 91Provisions as to different estates settled upon the same limitations s 92Proceedings for protection or recovery of land settled or claimed as settled s 93Trustees not to withhold consent arbitrarily s 94Number of trustees to act s 95Trustees' receipts s 96Protection of each trustee individually s 97Protection of trustees generally s 98Protection of trustees in particular cases s 99Trustees not liable where documents of title to land in possession of tenant for life s 100Trustee's reimbursements s 101Notice to trustees s 102Management of land during minority or pending contingency[23]s 103Application of last section s 104Powers not assignable and contract not to exercise powers void s 105Effect of surrender of life estate to the next remainder-man s 106Prohibition or limitation against exercise of powers void s 107Tenant for life trustee for all parties interested s 108Saving for and exercise of other powers s 109Saving for additional or larger powers under settlement s 110Protection of purchases etc.s 111Powers exercisable from time to time s 112Exercise of powers; limitation of provisions etc.s 113Application of Trustee Act 1958 s 114Payment of costs out of settled property

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100

Trustee's reimbursements

In force

100 Trustee's reimbursements

The trustees of a settlement may reimburse themselves or pay and discharge out of the trust property all expenses properly incurred by them.

Nos 3771 s. 101, 5286 s. 10(1)(f), 5602 s. 2.

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