REAL PROPERTY ACT 1900 - SECT 74X
Withdrawal and removal of priority notice
REAL PROPERTY ACT 1900 - SECT 74X
Withdrawal and removal of priority notice
74X Withdrawal and removal of priority notice
(1) Each of the following
persons may withdraw a priority notice, in the approved form and in the manner
approved by the Registrar-General, at any time before a priority notice ceases
to have effect--
(a) the person who has lodged a priority notice or whose
proposed dealing is protected by the notice,
(b) an Australian legal
practitioner or licensed conveyancer who is representing that person.
(2) The
Registrar-General may remove a recording in the Register of a priority notice
if the Registrar-General is satisfied that--
(a) the notice has ceased to have
effect, or
(b) the notice does not relate to the land to which the notice
purports to relate, or
(c) the dealing or dealings to which the notice
relates are unlikely to be lodged or recorded in the Register before the
notice ceases to have effect, or
(d) the person who lodged the notice has not
provided evidence required by the Registrar-General under section 74T (5)
within the period specified by the Registrar-General.
