Section 36:
General authority of trustee.
In addition to the powers expressly conferred by this
Act and by the instrument of trust, and subject to the restrictions, if any, contained in such
instrument, and to the provisions of section 17, a trustee may do all acts which are reasonable
and proper for the realisation, protection or benefit of the trust-property, and for the protection
or support of a beneficiary who is not competent to contract.
1* * * * *
Except with the permission of a principal Civil Court of original jurisdiction, no trustee shall
lease trust-property for a term exceeding twenty-one years from the date of executing the lease,
nor without reserving the best yearly rent that can be reasonably obtained.
Notes:
1 Second paragraph rep. by Act 12 of 1891, s. 2 and the First Schedule.