40. Where a person in his own right seised of or entitled to any land is an infanta minor, the land shall be deemed to be a settled estate withinthe Civil Law Act and the Settled Estates Act.
(1) Where a person in his own right seised of or entitled to any land is a minor, the land shall be deemed to be a settled estate within and the Settled Estates Act.
[7/2009 wef 01/03/2009]
(2) Subsection (1) does not apply in the case of a lease not exceeding 3 years which is executed by a minor who has attained the age of 18 years as a principal.