s. 41 consideration in land or in land and money that can reasonably be obtained. (2) An exchange or partition may be made subject to any stipulations respecting title, or evidence of title, or other things. (3) On a partition an easement right or privilege of any kind may be given or taken for land or for any other easement right or privilege of any kind. (4) Settled land in shall not be given in exchange for land out of . Division 2—Leasing powers 41 Power to lease for ordinary or building or mining or No. 3771 s. 41. forestry purposes A tenant for life may with the consent of the trustees of the settlement or order of the Court but subject to the provisions and requirements of any Act or Acts of the Parliament of Victoria dealing with or applicable to a lease of the nature proposed to be made by him, lease the settled land, or any part thereof, or any easement, right or privilege of any kind over or in relation to any land, for any purpose whatever, whether involving waste or not, for any term not exceeding— (a) in case of a building lease, fifty years; (b) in case of a mining lease, sixty years; (c) in case of any other lease, twenty-one years. 42 Regulations respecting leases generally No. 3771 s. 42. (1) Save as hereinafter provided, every lease— (a) shall be by deed, and be made to take effect in possession not later than twelve months after its date, or in reversion after an existing
consideration in land or in land and money that can reasonably be obtained. (2) An exchange or partition may be made subject to any stipulations respecting title, or evidence of title, or other things. (3) On a partition an easement right or privilege of any kind may be given or taken for land or for any other easement right or privilege of any kind. (4) Settled land in shall not be given in exchange for land out of . Division 2—Leasing powers No. 3771 s. 41. 41 Power to lease for ordinary or building or mining or forestry purposes s. 41 A tenant for life may with the consent of the trustees of the settlement or order of the Court but subject to the provisions and requirements of any Act or Acts of the Parliament of Victoria dealing with or applicable to a lease of the nature proposed to be made by him, lease the settled land, or any part thereof, or any easement, right or privilege of any kind over or in relation to any land, for any purpose whatever, whether involving waste or not, for any term not exceeding— (a) in case of a building lease, fifty years; (b) in case of a mining lease, sixty years; (c) in case of any other lease, twenty-one years. No. 3771 s. 42. 42 Regulations respecting leases generally (1) Save as hereinafter provided, every lease— (a) shall be by deed, and be made to take effect in possession not later than twelve months after its date, or in reversion after an existing
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