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Lords Amendment: In page 6, line 14, at end, insert:
and a notification in writing under this subsection shall not be revocable except with the consent of the personal representative.
§ 10.0 p.m.
§ Mr. Hylton-Foster (York)I beg to move, "That this House doth agree with the Lords in the said Amendment."
The point here is that it is desirable that where the widow desires to have her life interest redeemed she should not hold up the matter by not deciding upon it. A time limit is therefore imposed upon her.
§ Mr. Charles Fletcher-Cooke (Darwen)I beg to second the Motion.
§ Question put, and agreed to.
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Lords Amendment: In page 6, line 24, at end, insert:
(8) An election under this section by a tenant for life who is an infant shall be as valid and binding as it would be if the tenant for life were of age; but the personal representative shall, instead of paying the capital value of the life interest to the tenant for life, deal with it in the same manner as with any other part of the residuary estate to which the tenant for life is absolutely entitled.
§ Mr. Hylton-FosterI beg to move, "That this House doth agree with the Lords in the said Amendment."
This is to put the surviving spouse who is an infant in the same position, as far as possible, as if she were not an infant.
§ Mr. Fletcher-CookeI beg to second the Motion.
§ Question put, and agreed to.