23Powers of trustees, &c. when there is no tenant for life.
(1)Where under a settlement there is no tenant for life nor, independently of this section, a person having by virtue of this Act the powers of a tenant for life then—
(a)any person of full age on whom such powers are by the settlement expressed to be conferred; and
(b)in any other case the trustees of the settlement;
shall have the powers of a tenant for life under this Act.
(2)This section applies to trustees of settlements of land purchased with money provided by Parliament in consideration of public services where the tenant in tail is restrained from barring or defeating his estate tail, except that, if the tenant in tail is of full age and capacity, the powers shall not be exercised without his consent, but a purchaser shall not be concerned to see or inquire whether such consent has been given.