Trustee Act (Northern Ireland) 1958 (c. 23)

PART IV N.I. POWERS OF THE COURT

N.I. Vesting Orders

53 Vesting orders in relation to infant's beneficial interests. N.I.

Where an infant is beneficially entitled to any property the court may, with a view to the application of the capital or income thereof for the maintenance, education, or benefit of the infant, make an order—

(a) appointing a person to convey such property; or

(b) in the case of stock, or a thing in action, vesting in any person the right to transfer or call for a transfer of such stock, or to receive the dividends or income thereof, or to sue for and recover such thing in action, upon such terms as the court may think fit.