The Sir Jamsetjee Jejeebhoy Baronetcy Act, 1915
Central Act · Act 10 of 191530 provisions
The enactment
| Long title | An Act for repealing Act No. XX of 1860 entitled |
|---|---|
| Type | Act |
| Citation | Act 10 of 1915 |
| Year | 1915 |
| Jurisdiction | Central |
| Ministry | Ministry of Home Affairs |
| Status | In force as published by the source |
| Provisions published | 30 |
| Subjects | criminal |
Full text, provision by provision
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- Section 1 Short title.
- Section 2 Repeal of Act XX of 1860.
- Section 3 The Commissioner for the Northern Division, the Accountant - General, and the Collector of Bombay to be a Corporation for execution of the Trusts of this Act.
- Section 4 Present Baronet to continue to bear, and all future Baronet to take, names of First Baronet.
- Section 5 Government Promissory Notes of a certain nominal value vested in Trustees.
- Section 6 Powers of investment.
- Section 7 Prohibition against varying investments without consent of person entitled to income.
- Section 8 Power to Baronet for the time being to purchase land to erect a Mansion House thereon.
- Section 9 Power to trustees to sell securities to produce funds to pay for land, etc.
- Section 10 Power to Baronet for the time being to sell Mazngon Castle.
- Section 11 Power to Trustees to apply proceeds of sale Mazagon Castle, not exceeding Rs. 2,75,000 in paying for land purchased and for erecting Mansion House th ere on, etc.
- Section 12 Settlement of Mansion House, etc., in support of Baronetcy.
- Section 13 Saving of rights of persons interested in reversion or remainder in Mazagon Castle on sale thereof
- Section 14 Declaration of Trusts as to surplus proceeds of sale of Mazagon Castle over and above the sum of Rs. 2,75,000.
- Section 15 Power to Trustees to invest the surplus annual interest and income of the Trust Fund and p remises during the minority of any Baronet etc.
- Section 16 Provision in case of refusal or discontinuance of names of First Baronet.
- Section 17 Baronet in possession may jointure.
- Section 18 Limit of aggregate of jointure payable contemporaneously.
- Section 19 Mansion House and hereditaments not to be subject to joiuture.
- Section 20 Alienation prohibited during the Baronetcy.
- Section 21 Power to augment the funds and securities subject to the Settlement, provided that total amount of funds su bject to the Settlement shall not exceed fifty lakh.
- Section 22 Provision as to insurances of Mazagon Castle, and other house or buildings purchased in lieu thereof.
- Section 23 Directions for keeping Mazagone Castle, and other houses or buildings purchased in lieu thereof, in repair.
- Section 24 Power to Trustees to sell land subject to Settlement.
- Section 25 Directions as to how sale may be made.
- Section 26 Direction as investment of proceeds of sale of lands.
- Section 27 Declaration of Trusts as to investments of proceeds of sale of lands.
- Section 28 Power to Baronet for the time being to enter into arrangement with Government as to land - revenue payable in respect of land purchased under section 8
- Section 29 Indemnity of Trustees.
- Section 30 General saving clause.
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