(1) Whenever any land is sold and conveyed or any
lease in writing for a term exceeding three years under which the lessee is
liable to pay the whole or any part of any rate or tax in respect of the land
so leased is granted, transferred, surrendered or assigned, the purchaser,
lessee, transferee, surrenderee, or assignee, as the case may be, shall give
written notice thereof to the Valuer-General within one month of the
completion thereof, and shall give such particulars in respect of the sale,
lease, transfer, surrender, or assignment as the Valuer-General may in writing
require or as may be prescribed.
(2) The requirements of this section in
relation to the giving of notice are taken to have been satisfied in relation
to an event if notice of the event is lodged with the Registrar-General with a
dealing, application or instrument as referred to in section 39 of the Real
Property Act 1900 or section 184E of the Conveyancing Act 1919 within 1 month
after the occurrence of the event.
