Succession Act 1965

Powers of personal representatives to sell and to act as trustees.

[1959 (No. 8) s. 18]

50

50. (1) The personal representatives may sell the whole or any part of the estate of a deceased person for the purpose not only of paying debts, but also (whether there are or are not debts) of distributing the estate among the persons entitled thereto, and before selling for the purposes of distribution the personal representatives shall, so far as practicable, give effect to the wishes of the persons of full age entitled to the property proposed to be sold or, in the case of dispute, of the majority (according to the value of their combined interests) of such persons so, however, that—

( a) a purchaser shall not be concerned to see that the personal representatives have complied with such wishes; and

( b) it shall not be necessary for any person so entitled to concur in any such sale.

(2) Subject to section 20, it shall not be lawful for some or one only of several personal representatives, without leave of the High Court, to exercise any power conferred by this section or section 60 to dispose of any land.

(3) F18 [ ]

Annotations:

Amendments:

F18

Repealed (1.12.2009) by Land and Conveyancing Law Reform Act 2009 (27/2009), s. 8(3) and sch. 2 pt. 5, S.I. No. 356 of 2009.