Part I General Principles as to Legal Estates, Equitable Interests and Powers
C19 Vesting orders and dispositions of legal estates operating as conveyances by an estate owner.
1
Every such order, declaration, or conveyance as is hereinafter mentioned, namely—
a
every vesting order made by any court or other competent authority;
b
every vesting declaration (express or implied) under any statutory power;
c
every vesting instrument made by the trustees of a settlement or other persons under the provisions of the M1Settled Land Act, 1925;
d
every conveyance by a person appointed for the purpose under an order of the court or authorised under any statutory power to convey in the name or on behalf of an estate owner;
e
every conveyance made under any power reserved or conferred by this Act,
which is made or executed for the purpose of vesting, conveying, or creating a legal estate, shall operate to convey or create the legal estate disposed of in like manner as if the same had been a conveyance executed by the estate owner of the legal estate to which the order, declaration, vesting instrument, or conveyance relates.
2
Where the order, declaration, or conveyance is made in favour of a purchaser, the provisions of this Act relating to a conveyance of a legal estate to a purchaser shall apply thereto.
3
The provisions of the M2Trustee Act, 1925, relating to vesting orders and orders appointing a person to convey shall apply to all vesting orders authorised to be made by this Part of this Act.