49 Power on dispositions to impose restrictions and make reservations and stipulations

Miscellaneous Powers

49  Power on dispositions to impose restrictions and make reservations and stipulations

(1)     On a sale or other disposition or dealing under the powers of this Act—

(a)     any easement, right, or privilege of any kind may be reserved or granted over or in relation to the settled land or any part thereof or other land, including the land disposed of, and, in the case of an exchange, the land taken in exchange; and

(b)     any restriction with respect to building on or other user of land, or with respect to mines and minerals, or with respect to or for the purpose of the more beneficial working thereof, or with respect to any other thing, may be imposed and made binding, as far as the law permits,

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