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... has been extended. Strict settlements of land will be gradually phased out due to TOLATA under section 2 which prevents the creation of new strict settlements. This is so, as strict settlement of land was originally created to keep land within the family. However, that purpose is no longer valid as the society and economy of this country have outgrown it. Settlements that was established before TOLATA will continue under the Settled Land ACT 1925 (SLA). Any attempts to create an entailed interest will create a fee simple instead. Therefore over time settlements will simply diminish. The abolition of the Doctrine of conversion was made in order to change the way a beneficiary holds an interest in land. Equity regards as done that which ought to be done. Therefore the beneficiary had to sell the land under a trust of sale, making the beneficiary only interested in the proceeds of the eventual sale. ...