Lunacy Act, 1890

Power to raise money for certain purposes.

117.—(1) The Judge may order that any property of the lunatic, whether present or future, be sold, charged, mortgaged, dealt with, or disposed of as the Judge thinks most expedient for the purpose of raising or securing, or repaying with or without interest, money which is to be or which has been applied to all or any of the purposes following:—

(a) Payment of the lunatic’s debts or engagements;

(b) Discharge of any incumbrance on his property;

(c) Payment of any debt or expenditure incurred for the lunatic’s maintenance or otherwise for his benefit;

(d) Payment of or provision for the expenses of his future maintenance.

(2) In case of a charge or mortgage being made under this Act for the expenses of future maintenance, the Judge may direct the same to be payable, either contingently if the interest charged is a contingent or future one, or upon the happening of the event if the interest is depending on an event which must happen, and either in a gross sum or in annual or other periodical sums, and at such times and in such manner as he thinks expedient.