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Settled Land Act 1925

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114 Payment of costs out of settled property.E+W

Where the court directs that any costs, charges, or expenses to be paid out of property subject to a settlement, the same shall, subject and according to the directions of the court, be raised and paid—

(a)out of capital money arising under this Act, or other money liable to be laid out in the purchase of land to be made subject to the settlement; or

(b)out of securities representing such money, or out of income of any such money or securities; or

(c)out of any accumulations of income of land, money, or securities; or

(d)by means of a sale of part of the settled land in respect whereof the costs, charges, or expenses are incurred, or of other settled land comprised in the same settlement and subject to the same limitations; or

(e)by means of a legal mortgage of the settled land or any part thereof to be made by such person as the court directs;

or partly in one of those modes and partly in another or others, or in any such other mode as the court thinks fit.

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