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Volume 93, Issue 129
Special Edition, Page 63
Royal Gazette

15 October 2519

the money accrues from the property acquired through a gratuitous gift or will with a condition which prevents the person exercising the parental power from deriving benefits from it.

Section1574.The person exercising the parental power cannot perform any of the following juristic acts in relation to the property of the minor, save where it is permitted by a court:

(1)putting on sale, exchange, sale with right of redemption, or mortgage, discharging from mortgage in favour of the mortgagor, or transferring the right of mortgage over immovable property or mortgageable movable property;

(2)creating or terminating in whole or in part a real right relating to immovable property according to this Code or other law;

(3)disposing of or creating an obligation which requires the disposal of a claim intended for creation or transfer of a real right over land, or which requires the discharge of land from the said claim;

(4)letting immovable property for more than three years or letting immovable property on hire purchase;