New South Wales Consolidated Acts

AUSTRALIAN IRON & STEEL LIMITED AGREEMENT RATIFICATION ACT 1936 - SECT 7

7 Certain covenants by Company to bind certain lands

(1) Upon the Company entering into a covenant with the Minister his successors and assigns in pursuance of clause nine of the said agreement and Form J referred to therein such covenant shall bind the lands delineated by black hatching and black circles edging on the plan marked “C” annexed to the said agreement and every part thereof into whosesoever hands the same may come and bind all persons interested therein and the Registrar-General shall endorse every Certificate of Title comprising such land or any part thereof accordingly. Nothing in the said clause nine or in this Act shall affect the release variation or modification of such covenant under the terms thereof.

(2) Upon the Company entering into a covenant with the Minister his successors and assigns in pursuance of clause nine of the said agreement and Form “P” referred to therein such covenant shall bind the lands shown by red tint on the plans marked “T” and “U” annexed to the said agreement and every part thereof into whosesoever hands the same may come and bind all persons interested therein and the Registrar-General shall endorse every Certificate of Title comprising such land or any part thereof accordingly. Nothing in the said clause nine or in this Act shall affect the release variation or modification of such covenant under the terms thereof.

(3) The provisions of clause twenty-six of the said agreement shall bind the lands described in the First Schedule to the said agreement and every part thereof into whosesoever hands the same may come and bind all persons interested therein and the Registrar-General shall endorse the Certificates of Title comprising such lands accordingly.

(4) The provisions of clause twenty-nine of the said agreement shall bind the lands described in the Seventh Part of the First Schedule to the said agreement and every part thereof into whosesoever hands the same may come and bind all persons interested therein and the Registrar-General shall endorse every Certificate of Title comprising such land or any part thereof accordingly.

(5) The provisions of clause thirty-three of the said agreement shall bind the lands described in the Fifth, Sixth and Seventh Parts of the First Schedule to the said agreement into whosesoever hands the same may come and bind the persons interested therein and the Registrar-General shall endorse the Certificates of Title comprising such land or any part thereof accordingly.