Western Australian Consolidated Acts

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INFANTS' PROPERTY ACT 1830 (IMP) - SECT 29

29 .         Surplus of moneys to be of the same nature as the estate

                Provided always, and be it further enacted, that on any sale, mortgage, charge, incumbrance, or other disposition which shall be made in pursuance of this Act, the person whose estate shall be sold, mortgaged, charged, incumbered, or otherwise disposed of, and his or her heirs, next of kin, devisees, legatees, executors, administrators, and assigns, shall have such and the like interest in the surplus which shall remain, after answering the purposes aforesaid, of the money raised by such sale, mortgage, charge, incumbrance, or other disposition, as he, she, or they would have had in the estate by the sale, mortgage, charge, incumbrance, or other disposition of which such moneys shall be raised, if no such sale, mortgage, charge, incumbrance, or other disposition had been made; and such moneys shall be of the same nature and character as the estate so sold, mortgaged, charged, incumbered, or disposed of; and it shall be lawful for the said Lord Chancellor, intrusted as aforesaid, to make such orders, and to direct such acts and deeds to be done and executed, as shall be necessary for carrying the aforesaid objects into effect, and for the due application of such surplus moneys.



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