Securing of property where necessary consent to marriage not obtained

(1) Where either of the parties to a marriage is an infant, not being a widower or a widow, and is married under this Act without the consent of the person whose consent is by law required, no property shall be acquired from the infant by the other party to the marriage by last will, gift, transfer or in any other way whatever. (2) No stipulation made by that party in any marriage settlement for any benefit out of the property of the infant shall be valid or have any effect. (3) The parent or guardian of the infant whose consent has not been given to that marriage may take proceedings in the Supreme Court by action for securing the property, and the court shall have power to order and direct that all the property of the infant shall be secured under the direction of the court for the benefit of the infant or of the issue of the marriage, or of both, in such manner as the court thinks fit, for the purpose of preventing the other spouse from deriving any interest or pecuniary benefit from the marriage.