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 may release or contract not to exercise the power by deed or in any other way in which the power could be created.

[CA 1881, s. 52]

(2) Subsection (1) does not apply to a power in the nature of a trust or other fiduciary power.