Land And Conveyancing Law Reform Act 2009
Release of powers.
27.— (1) Subject to subsection (2), a person to whom any power, whether coupled with an interest or not, is given F1[may release or contract not to exercise the power by deed or in any other way in which the power can be released] .
[CA 1881, s. 52]
(2) Subsection (1) does not apply to a power in the nature of a trust or other fiduciary power.
Substituted (2.08.2011) by Civil Law (Miscellaneous Provisions) Act 2011 (23/2011), s. 36, commenced on enactment.