114—Power of Court to sell interest of Crown in real estate
(1) Where in any
proceeding it appears to the court that His Majesty is entitled to any
hereditament, corporeal or incorporeal, or to any estate, legal or equitable,
therein, the court may, on the application or with the consent of the
Attorney-General, notwithstanding that no office has been found and no
commission issued, order a sale of the hereditament, estate, or interest; and
the net proceeds of such sale, or such portion thereof as represents the
interest of His Majesty, shall be paid to the Treasurer for the purposes of
the public revenue.
(2) The court on any
such sale may make an order for the Public Trustee to convey the hereditament,
estate, or interest to or vesting the same in the purchaser.
(3) Any money paid to
the Treasurer under this section shall be subject to the provisions of section
117 of the Administration and Probate Act 1919 and for the purposes of
such section shall be deemed to have been paid to the Treasurer under
section 116 of the same Act.