International Trusts Order, 2000 · As enacted
54. Vesting orders in relation to minor's beneficial interests
Official textFrom Attorney General's Chambers, unchanged
Where a minor is beneficially entitled to any property the Court may, with a view to the application of the capital or income of the property for the maintenance, education or benefit of the minor, make an order -
property
"property" includes - {a} money, goods, chases in action, land and every descriptions of property1 whether movable or immovable; and (b} obligations, easements and every description of estate, interest and profit, present or future, vested or contingent, arising out of, or incident to, any property as defined in paragraph {a}; 1141 17th. JULY, 2000
{a}
appointing a person to convey or otherwise assure the property; or
person
"person" includes a natural person, any company or.association or body of persons, corporate or incorporated, including a partnership whether limited, unlimited or an international limited partnership created under the International Partnerships Order, 2000;
in the case of securities or a thing in action, vesting the right in any person to call for a transfer of such securities, or to receive the dividends or income of them, or to sue for and recover such thing in action, upon such terms as the Court may think fit.
Terms defined in s 2
person
Defined · s 2"person" includes a natural person, any company or.association or body of persons, corporate or incorporated, including a partnership whether limited, unlimited or an international limited partnership created under the International Partnerships Order, 2000;
property
Defined · s 2"property" includes - {a} money, goods, chases in action, land and every descriptions of property1 whether movable or immovable; and (b} obligations, easements and every description of estate, interest and profit, present or future, vested or contingent, arising out of, or incident to, any property as defined in paragraph {a}; 1141 17th. JULY, 2000
Part VIII
Authorised Purpose Trusts
Part IX
Part X
Additional Provisions
Part XI