REAL PROPERTY ACT 1900 - SECT 28MG Cancellation of caution in certain cases does not defeat certain subsisting interests

REAL PROPERTY ACT 1900 - SECT 28MG

28MG Cancellation of caution in certain cases does not defeat certain subsisting interests

The cancellation of a caution under section 28MC, 28MD, 28ME or 28MF does not operate to defeat a subsisting interest that--

(a) was recorded in the qualified folio of the Register immediately before the cancellation, or

(b) is preserved by section 42.