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(1)Subject to the provisions of this Act, where an application is made for an order under this section, the court may, if it is satisfied that the disposition of the deceased’s estate effected by his will or the law relating to intestacy, or the combination of his will and that law, is not such as to make reasonable financial provision for the applicant, make any one or more of the following orders:—
(a)an order for the making to the applicant out of the net estate of the deceased of such periodical payments and for such term as may be specified in the order;
(b)an order for the payment to the applicant out of that estate of a lump sum of such amount as may be so specified;
(c)an order for the transfer to the applicant of such property comprised in that estate as may be so specified;
(d)an order for the settlement for the benefit of the applicant of such property comprised in that estate as may be so specified;
(e)an order for the acquisition out of property comprised in that estate of such property as may be so specified and for the transfer of the property so acquired to the applicant or for the settlement thereof for his benefit;
(f)an order varying any ante-nuptial or post-nuptial settlement (including such a settlement made by will) made on the parties to a marriage to which the deceased was one of the parties, the variation being for the benefit of the surviving party to that marriage, or any child of that marriage, or any person who was treated by the deceased as a child of the family in relation to that marriage.
(2)An order under subsection (1)(a) above providing for the making out of the net estate of the deceased of periodical payments may provide for—
(a)payments of such amount as may be specified in the order,
(b)payments equal to the whole of the income of the net estate or of such portion thereof as may be so specified,
(c)payments equal to the whole of the income of such part of the net estate as the court may direct to be set aside or appropriated for the making out of the income thereof of payments under this section,
or may provide for the amount of the payments or any of them to be determined in any other way the court thinks fit.
(3)Where an order under subsection (1)(a) above provides for the making of payments of an amount specified in the order, the order may direct that such part of the net estate as may be so specified shall be set aside or appropriated for the making out of the income thereof of those payments; but no larger part of the net estate shall be so set aside or appropriated than is sufficient, at the date of the order, to produce by the income thereof the amount required for the making of those payments.
(4)An order under this section may contain such consequential and supplemental provisions as the court thinks necessary or expedient for the purpose of giving effect to the order or for the purpose of securing that the order operates fairly as between one beneficiary of the estate of the deceased and another and may, in particular, but without prejudice to the generality of this subsection—
(a)order any person who holds any property which forms part of the net estate of the deceased to make such payment or transfer such property as may be specified in the order;
(b)vary the disposition of the deceased’s estate effected by the will or the law relating to intestacy, or by both the will and the law relating to intestacy, in such manner as the court thinks fair and reasonable having regard to the provisions of the order and all the circumstances of the case;
(c)confer on the trustees of any property which is the subject of an order under this section such powers as appear to the court to be necessary or expedient.
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