Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) Where a trustee has, by the instrument creating the trust, power, subject to the direction, request, or authority of any person, to sell, convey, assure, mortgage, or otherwise deal with property, and such person is dead, of unsound mind, a lunatic, under disability, or absent from the Territory, the Supreme Court may authorize the trustee to sell, convey, assure, mortgage, or otherwise deal with the property as if such direction, request, or authority had been given, but the power conferred by this section shall not be exercised so as to injuriously affect any beneficial interest of such person.
(2) This section applies to trusts created either before or after the commencement of this Act.
(3) This section shall authorize the Supreme Court to confirm any sale, conveyance, assurance, mortgage, or other dealing heretofore made or executed by such trustee in any case in which the Court, under this Act, would have authorized the same had it not been made or executed.