New South Wales Consolidated Acts

HAY IRRIGATION ACT 1902 - SECT 19C

19C Payment of other amounts in respect of conversion of leaseholds

(1) On the commencement of title to a purchase of land under section 19A, the following amounts are payable to the Ministerial Corporation:

(a) any stamp duty payable under the Stamp Duties Act 1920 in respect of the purchase,

(b) in the case of leased land, any rent (including rent for Crown improvements) payable on the lease up to the commencement of title to the land,

(c) in the case of leased land, any outstanding postponed or funded debts in respect of the lease (whether or not due for payment) together with interest up to the commencement of title to the land,

(d) the cost of any necessary survey carried out by the Ministerial Corporation,

(e) any other amounts determined by the Ministerial Corporation as payable on the commencement of title.

(2) Failing payment of any such amount within 3 months of demand, the purchase may be declared by the Ministerial Corporation to be forfeited and any money paid in connection with the purchase may (by the declaration) be forfeited to the Ministerial Corporation.

(3) Any other debts outstanding in respect of a lease of the land continue (subject to this section and any increased rate of interest required by this Act) to be payable to the Ministerial Corporation in the same manner as they were payable before the commencement of title to the land.