Civil Code (Cap. 16)

Civil Code (Cap. 16), article 372

Official PDF on legislation.mt

372. (1) The usufructuary of an entir e estate, or o f a portion of an estate, is bound to pay, in proportion to his enjoyment, and without any right of recovery, a ny maintenance allowances, any perpetual or life annuity, and any interest on debts to which t he estate may be liable. (2) Where any capital has to be paid, if the usufructuary is willing to advance the amount, such amount shall be returned to him by the owner, without any interest, at the end of the usufr uct. (3) If the usufructuary is not w illing to make such advance, the owner may effect the payment eit her with his own money, in whic h case the usufructuary shall pay to him interest thereon during the continuance of the usufruct, or by causing a portion of the pro perty subject to the usufruct to be sol d, to the extent of the sum du e. Costs of lawsuits concerning usufruct, etc.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.