Full legislation
s.67
Right to follow property and powers of the court in relation thereto
(1)
An assent, transfer or conveyance by a personal representative to a person
other than a purchaser does not prejudice the rights of any person to follow the
property to which the assent, transfer or conveyance relates, or any property
representing the same, into the hands of the person in whom it is vested by the
assent, transfer or conveyance, nor of any other person (not being a purchaser) who
may have received the same or in whom it may be vested.
(2)
Notwithstanding any such assent, transfer or conveyance the court may, on the
application of any creditor or other person
interested—
(a)
order a sale, exchange, mortgage, charge, lease, payment, transfer or other
transaction to be carried out which the court considers requisite for the
purpose of giving effect to the rights of the persons interested;
(b)
declare that the person, not being a purchaser, in whom the property is
vested is a trustee for those purposes;
(c)
give directions respecting the preparation and execution of any conveyance
or other instrument, or as to any other matter required for giving effect to the
order;
(d)
make any vesting order or appoint a person to convey in accordance with
provisions of the Trustee Ordinance (
Cap.
29
).
(3)
This section does not prejudice the rights of a purchaser or a person deriving
title under him, but applies whether the testator or intestate died before or after
the
commencement*
of this Ordinance.
[cf. 1925 c. 23 s. 38 U.K.]