Australian Capital Territory Current Acts

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TRUSTEE ACT 1925 - SECT 32

Sale, exchange and partition

    (1)     If a trustee is authorised by the trust instrument or by law to dispose of land by sale, exchange or partition, the trustee may dispose of all or any part of the land in that way.

    (2)     The exchange or partition may be made upon terms of giving or receiving any money for equality of exchange or partition.

    (3)     For the purpose of completing the disposition, the trustee may convey or otherwise dispose of the land either by way of revocation and appointment of the use or otherwise as may be necessary.

    (4)     This section extends to any other person authorised to dispose of land by way of sale, exchange or partition.



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