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This is a Bill, not an Act. For current law, see the Acts databases.
LAND TITLE AND RELATED LEGISLATION AMENDMENT BILL 2007
Serial 131
Land
Title and Related Legislation Amendment Bill
2007
Mr
Stirling
A Bill for an Act to amend the
Land Title Act and related legislation
NORTHERN TERRITORY OF
AUSTRALIA
Land Title and Related Legislation
Amendment ACT 2007
____________________
Act No. [ ] of
2007
____________________
TABLE OF PROVISIONS
NORTHERN
TERRITORY OF AUSTRALIA
____________________
Act No. [ ] of
2007
____________________
An Act to amend the Land Title
Act and related legislation
[Assented to [ ]
2007]
[Second reading [ ]
2007]
The Legislative Assembly of the Northern
Territory enacts as follows:
Part 1 Preliminary
matters
Short title
This Act may be cited as the Land Title and
Related Legislation Amendment Act 2007.
This Act commences on the date fixed by the
Administrator by Gazette notice.
Part 2 Amendment of Land Title
Act
Act amended
This Part amends the Land Title
Act.
Amendment of section 4
(Definitions)
(1) Section 4
insert (in alphabetical
order)
consolidation, see section 3(1) of the
Planning Act.
plan of consolidation means a plan
approved by the Surveyor-General under section 49(3) of the Licensed
Surveyors Act relating to the consolidation of lots otherwise than under the
Unit Titles Act.
Registrar-General's direction means a
direction in force under section 210.
(2) Section 4, definition instrument,
paragraph (f), after "plan of subdivision"
insert
, or a plan of consolidation,
(3) Section 4, definition lot,
paragraph (b)
omit
plan of subdivision,
substitute
plan of subdivision or a plan of
consolidation;
(4) Section 4, definition plan of
subdivision, after "the subdivision"
insert
of a lot otherwise than under the Unit Titles
Act
(5) Section 4, definition plan of
survey, after paragraph (a)
insert
(aa) a plan of consolidation of lots;
and
Repeal and substitution of Part 4, Division 3
heading
Part 4, Division 3, heading
repeal, substitute
Division
3 Subdivision and consolidation
Repeal and substitution of section
51
Section 51
repeal, substitute
51 Plan of
subdivision and plan of consolidation
(1) A lot may be subdivided by the registration of
a plan of subdivision on the application of the registered owner of the fee
simple interest in the lot.
(2) If the registered owner of the fee simple
interest in each of 2 or more lots is the same person, the lots may be
consolidated by the registration of a plan of consolidation on the application
of the person.
(3) Subsections (1) and (2) do not apply to a
subdivision or consolidation under the Unit Titles Act.
Notes
A subdivision or consolidation under the Unit
Titles Act requires the registration of a units plan or a document covered by
section 9A of the Real Property (Unit Titles Act).
The Unit Titles Act and the Real Property (Unit
Titles Act) sets out the requirements for the registration.
Amendment of section 52 (Requirements for
registration of plan of subdivision)
(1) Section 52, heading
omit, substitute
Registration of plan
(2) Section 52(1)
omit
A plan of subdivision of a lot must
–
substitute
A plan of subdivision or a plan of consolidation
(the plan) must:
(3) Section 52(1)(a), at the end
insert
and
(4) Section 52(1)(b), (c) and (d)
omit, substitute
(b) show all proposed easements and easements in
gross for each proposed lot; and
(c) identify any benefit or burden of covenants for
each proposed lot; and
(d) mark each proposed lot with a distinct
number.
(5) Section 52(2)
omit, substitute
(2) The Registrar-General must not register the
plan unless:
(a) each registered owner and mortgagee, in relation
to the lot to be subdivided, or a lot to be consolidated, has consented to the
plan; and
(b) a development permit has been issued under the
Planning Act for the subdivision or consolidation.
(6) Section 52(3)
omit
a plan of subdivision of a lot unless consents to
the plan of subdivision
substitute
the plan unless consents to the
plan
(7) Section 52(3)(b)
omit
the lot
substitute
the lot to be subdivided, or a lot to be
consolidated,
(8) Section 52(3)(c) and (f)
omit
the lot
substitute
the lot to be subdivided, or a lot to be
consolidated
(9) Section 52(4) and (6)
omit
of subdivision
(10) Section 52(7)
omit
a plan of subdivision
substitute
the plan
(11) Section 52(10) and (11)
omit
subdivision
substitute
subdivision or consolidation
(12) After section 52(11)
insert
Note
Some of the provisions in this section are
applied (with changes) for the registration of a document relating to a
subdivision or consolidation under the Unit Titles Act for section 7 or 9DA of
the Real Property (Unit Titles) Act.
Amendment of section 53 (Particulars to be
recorded on registration of plan)
Section 53, after "plan of
subdivision"
insert
or a plan of consolidation
Amendment of section 54 (Division excluding
road, railway or watercourse)
(1) Section 54, heading
omit, substitute
Exclusion of road, railway and
watercourse
(2) Section 54(1), after "plan of
subdivision,"
insert
or consolidated with other lots by a plan of
consolidation,
(3) Section 54(2)
omit
of subdivision
Section 55
repeal
Repeal and substitution of Part 6, Division 4,
Subdivision 2 heading
Part 6, Division 4, Subdivision 2,
heading
repeal, substitute
Subdivision
2 Creating easements or easements in gross by registering plans of subdivision
or consolidation
Amendment of section 101 (Easement or easement
in gross only created in accordance with subdivision)
(1) Section 101, heading
omit
subdivision
substitute
this Subdivision
(2) Section 101, after "plan of
subdivision"
insert
, or a plan of consolidation,
(3) Section 101
omit
is registered
substitute
are registered
Amendment of section 102 (Creation of easement
or easement in gross by plan of subdivision)
(1) Section 102, heading
omit, substitute
Creation of easement or easement in gross by plan
of subdivision or consolidation
(2) Section 102, after "plan of
subdivision"
insert
, or a plan of consolidation,
Amendment of section 103 (Instrument of
easement or easement in gross to be lodged)
Section 103
omit
of subdivision
Amendment of section 105 (Instrument of
easement or easement in gross may be lodged)
Section 105
omit
of subdivision
Repeal and substitution of Part 6, Division 5,
Subdivision 2 heading
Part 6, Division 5, Subdivision 2,
heading
repeal, substitute
Subdivision
2 Creating covenants by registering plans of subdivision or
consolidation
Amendment of section 115 (Covenant only
created in accordance with subdivision)
(1) Section 115, heading
omit
subdivision
substitute
this Subdivision
(2) Section 115, after "plan of
subdivision"
insert
, or a plan of consolidation,
(3) Section 115
omit
is registered
substitute
are registered
Amendment of section 116 (Creation of covenant
by plan of subdivision)
(1) Section 116, heading
omit, substitute
Creation of covenant by plan of subdivision or
consolidation
(2) Section 116(1)(a), after "plan of
subdivision"
insert
, or a plan of consolidation,
(3) Section 116(1)(a)
omit (all references)
the lots or parts of lots
substitute
the lot or part of the lot
(4) Section 116(3)
omit
a plan of subdivision
substitute
the plan
Repeal and substitution of Part 12
heading
Part 12, heading
repeal, substitute
Part
12 Transitional matters for
Land Title Act
2000
After section 218
insert
Part
13 Transitional matters for
Land Title and Related
Legislation Amendment Act 2007
(1) The amendments apply to a plan of subdivision,
or a plan of consolidation, lodged with the Registrar-General on or after the
commencement.
(2) In this section:
amendments means the amendments made
to this Act by the Land Title and Related Legislation Amendment Act
2007.
commencement means the commencement of
the amendments.
Part 3 Amendment of Real Property (Unit
Titles) Act
Act amended
This Part amends the Real Property (Unit Titles)
Act.
Amendment of section 7 (Documents to be
included in proposals)
(1) Section 7, heading
omit, substitute
Requirements for registration of units
plans
(2) Section 7(1)(b)
omit
Minister
substitute
Surveyor-General
(3) Section 7(1)(d)
omit, substitute
(d) the written consent of each person whose consent
is required for the registration of the units plan under the provisions applied
under subsection (1A);
(4) Section 7(1)(a) and (b), at the
end
insert
and
(5) After section 7(1)
insert
(1A) For this section, the provisions in section
52(2) to (11) of the Land Title Act (the applied
provisions) apply with the following changes:
(a) a reference in the applied provisions to the
plan is taken to be a reference to the units plan;
(b) a reference in section 52(3) of the applied
provisions to the lot to be subdivided or a lot to be consolidated is taken to
be a reference to the parcel to which the units plan relates;
(c) a reference in section 52(10) and (11) of the
applied provisions to a subdivision or consolidation is taken to be a reference
to the subdivision to which the units plan relates;
(d) if the consent of any of the following would
otherwise be required for the registration of the units plan under the applied
provisions, the consent is not required:
(i) a service authority as defined in section 3(1)
of the Planning Act;
(ii) a referral authority as defined in section
60(1) of that Act for a planning scheme;
(iii) a person who has consented in writing to the
proposal to which the units plan relates.
(1B) Subsection (1A)(d)(iii) has no effect for a
person if:
(a) the proposal has been changed;
and
(b) the person has not consented to the
change.
(1C) Section 210 of the Land Title Act
applies with necessary changes for the issuing of Registrar-General's directions
for the applied provisions.
(6) Section 7(2)
omit
All the words from "The registered proprietor" to
"if –"
substitute
Subject to subsections (1A) to (1C), the registered
proprietor of an estate or interest in a parcel of land to which a units plan
for a condominium development relates is taken to have consented to the units
plan if:
(7) Section 7(2)(a)
omit
a condominium or estate development
substitute
the condominium development
(8) Section 7(2)(a), at the end
insert
or
(9) Section 7(2)(b)
omit
for the purposes of section 11(3) of the Unit
Titles Act
substitute
for the applied provisions, or section 11(3) of the
Unit Titles Act as in force immediately before the commencement of the
amendment of that Act by the Land Title and Related Legislation Amendment Act
2007,
(10) Section 7(2)(c)
omit
or estate
Amendment of section 9B (Registration of units
plan of subdivision and consolidation)
(1) Section 9B
omit
The Registrar-General
substitute
Subject to section 9DA, the
Registrar-General
(2) Section 9B(f)
omit
(3) Section 9B(a) to (e) and (g), at the
end
insert
and
Amendment of section 9C (Registration of
notice of conversion)
(1) Section 9C
omit
The Registrar-General
substitute
Subject to section 9DA, the
Registrar-General
(2) Section 9C(f)
omit
and
(3) Section 9C(g)
omit
(4) Section 9C(a) to (e), at the
end
insert
and
Amendment of section 9D (Registration of
building alteration plan)
(1) Section 9D
omit
The Registrar-General
substitute
Subject to section 9DA, the
Registrar-General
(2) Section 9D(f)
omit
and
(3) Section 9D(g)
omit
(4) Section 9D(a) to (e), at the
end
insert
and
After section 9D
insert
9DA Requirements for
registration of documents
(1) For the registration of a document covered by
section 9A, the provisions in section 52(2) to (11) of the Land Title Act
(the applied provisions) apply with the following
changes:
(a) a reference in the applied provisions to the
plan is taken to be a reference to the document;
(b) a reference in section 52(3) of the applied
provisions to the lot to be subdivided or a lot to be consolidated is taken to
be a reference to the parcel to which the document relates;
(c) a reference in section 52(10) and (11) of the
applied provisions to a subdivision or consolidation is taken to be a reference
to the subdivision, consolidation, conversion, alteration or change to which the
document relates;
(d) if the consent of any of the following would
otherwise be required for the registration of the document under the applied
provisions, the consent is not required:
(i) a service authority as defined in section 3(1)
of the Planning Act;
(ii) a referral authority as defined in section
60(1) of that Act for a planning scheme;
(iii) a person who has consented in writing to the
proposal to which the document relates.
(2) Subsection (1)(d)(iii) has no effect for a
person if:
(a) the proposal has been changed;
and
(b) the person has not consented to the
change.
(3) Section 210 of the Land Title Act
applies with necessary changes for the issuing of Registrar-General's directions
for the applied provisions.
After section 23
insert
Part
V Transitional matters for Land
Title and Related Legislation Amendment Act 2007
(1) The amendments apply to a units plan, or a
document covered by section 9A, lodged with the Registrar-General on or after
the commencement.
(2) In this section:
amendments means the amendments made
to this Act by the Land Title and Related Legislation Amendment Act
2007.
commencement means the commencement of
the amendments.
Part 4 Amendment of Unit Titles
Act
Act amended
This Part amends the Unit Titles
Act.
Amendment of section 4
(Interpretation)
Section 4(1)
insert (in alphabetical
order)
management module means a management
module prescribed by regulation under section 58.
Surveyor-General, see section 4 of the
Licensed Surveyors Act.
Amendment of section 11 (Documents to be
included in proposals)
Section 11(3)
omit, substitute
(3) If a lease has been granted under the Crown
Lands Act for the whole or part of the parcel, the proposal must be
accompanied by:
(a) the written consent of the Minister
administering that Act to the proposed subdivision; and
(b) any other documents required by the
Registrar-General for the conversion of the interest in the lease into an estate
in fee simple.
Amendment of section 16 (Condition of
approval)
(1) Section 16(1)
omit
(1) The
substitute
The
(2) Section 16(1)(a)
omit
(3) Section 16(1)(b), at the end
insert
and
(4) Section 16(1)(d)
omit, substitute
(d) a development permit has been issued under
section 54 of the Planning Act indicating:
(i) the consent of the relevant consent authority
under that Act to the subdivision of the land in accordance with the proposals;
and
(ii) that the determination to which the consent
relates is conditional on the applicant's compliance with the provisions in the
proposals.
Amendment of section 21A (Unanimous consent
required)
Section 21A(b)(ii)
omit, substitute
(ii) unless each person whose consent is required
for the subdivision, consolidation, conversion, alteration or change under
section 9DA of the Real Property (Unit Titles) Act has given the
consent.
Repeal and substitution of section
26D
Section 26D
repeal, substitute
26D Security for
proposal
(1) In approving a condominium development
proposal, the Surveyor-General must:
(a) consider whether security is required for the
proposal; and
(b) if the Surveyor-General considers security is
required for the proposal – seek the Minister's approval for the
requirement.
(2) The purpose of the security is to provide for
any damages that may be payable to a claimant if there is a failure of the
developer:
(a) to comply with this Act; or
(b) to complete the development or a stage of it in
accordance with the disclosure statement.
(3) The Minister may:
(a) give the approval; and
(b) specify in the approval the following
requirements:
(i) the form and amount of the
security;
(ii) how and by whom the security must be given and
maintained.
(4) If the Minister gives the approval, the
Surveyor-General must, when approving the proposal:
(a) specify the requirements mentioned in subsection
(3)(b) as conditions for the approval of the proposal; and
(b) specify that the approval of the proposal is
subject to the compliance of the conditions.
(5) In this section:
claimant means:
(a) a proprietor of a unit in the development;
or
(b) a person who has entered into a contract with
the developer for the purchase of a proposed unit in the
development.
Repeal and substitution of section
26G
Section 26G
repeal, substitute
26G Transfer of
developer's interest
(1) This section applies if:
(a) a units plan for a completed stage of a
condominium development is registered; and
(b) the developer proposes to transfer all of the
developer's interest in the development to another person (the
transferee).
(2) The developer must not do so
unless:
(a) the developer applies to the Minister in the
approved form for the Minister's approval of the transfer; and
(b) the Minister approves the transfer in
writing.
(3) The Minister must not approve the transfer
unless:
(a) if an application has been made under section
26J for a variation of the disclosure statement for the development to take
effect after the transfer – the variation is approved by the
Surveyor-General; and
(b) if security is required for the variation
– the security has been given and is maintained as so
required.
(4) The developer must:
(a) before applying for the approval of the
transfer, give a written notice of the proposed transfer to each corporation
arising from a completed stage of the development; and
(b) give a written notice of the Minister's decision
on the application to each such corporation after being notified of the
decision.
(5) In this section:
approved form means a form approved by
the Minister.
the developer's interest in the
development does not include the developer's interest as the proprietor
of a unit in the development.
Amendment of section 26H (Damage for failure,
&c., of developer)
(1) Section 26H, heading
omit
, &c.,
(2) After section 26H(2)
insert
(3) The proprietor's consent to a variation of the
statement does not prevent the proprietor from acting under this section in
relation to the statement as in force before the variation.
(4) This section has effect subject to any
agreement between the proprietor and the developer.
Amendment of section 26J (Variation of
disclosure statement)
(1) Section 26J(1)
omit
Minister
substitute
Surveyor-General
(2) Section 26J(1)
omit
Minister's
substitute
Surveyor-General's
(3) After section 26J(1)
insert
(1A) A transferee mentioned in section 26G may
apply to the Surveyor-General for a variation of the disclosure statement under
subsection (1) as if the transferee were the developer.
(4) Section 26J(2)(c) and (3)
omit
Minister
substitute
Surveyor-General
(5) After section 26J(3)
insert
(4) A variation approved because of subsection (1A)
may take effect only after the transfer mentioned in section 26G to which the
variation relates has occurred.
(5) In subsection (1):
Surveyor-General's approval, of the
subdivision proposed in the disclosure statement, includes the Minister's
approval of such a subdivision given before the commencement of the amendment of
this section by the Land Title and Related Legislation Amendment Act
2007.
Repeal and substitution of section
26S
Section 26S
repeal, substitute
26S Security for
proposal
(1) In approving an estate development proposal,
the Surveyor-General must:
(a) consider whether security is required for the
proposal; and
(b) if the Surveyor-General considers security is
required for the proposal – seek the Minister's approval for the
requirement.
(2) The purpose of the security is to provide for
any damages that may be payable to a claimant if there is a failure of the
developer:
(a) to comply with this Act; or
(b) to complete the development.
(3) The Minister may:
(a) give the approval; and
(b) specify in the approval the following
requirements:
(i) the form and amount of the
security;
(ii) how and by whom the security must be given and
maintained.
(4) If the Minister gives the approval, the
Surveyor-General must, when approving the proposal:
(a) specify the requirements mentioned in subsection
(3)(b) as conditions for the approval of the proposal; and
(b) specify that the approval of the proposal is
subject to the compliance of the conditions.
(5) In this section:
claimant means:
(a) a proprietor of a lot in the development;
or
(b) a person who has entered into a contract with
the developer for the purchase of a proposed lot in the
development.
Repeal and substitution of section
26U
Section 26U
repeal, substitute
26U Transfer of
developer's interest
(1) This section applies if:
(a) a units plan for a completed stage of an estate
development is registered; and
(b) the developer proposes to transfer all or part
of the developer's interest in the development to another person (the
transferee).
(2) The developer must not do so
unless:
(a) the developer applies to the Minister in the
approved form for the Minister's approval of the transfer; and
(b) the Minister approves the transfer in
writing.
(3) The Minister must not approve the transfer
unless:
(a) if an application has been made under section
26W for a variation of the disclosure statement for the development to take
effect after the transfer – the variation is approved by the
Surveyor-General; and
(b) if security is required for the variation
– the security has been given and is maintained as so
required.
(4) The developer must:
(a) before applying for the approval of the
transfer, give a written notice of the proposed transfer to each corporation
arising from a completed stage of the development; and
(b) give a written notice of the Minister's decision
on the application to each such corporation after being notified of the
decision.
(5) In this section:
approved form means a form approved by
the Minister.
the developer's interest in the
development does not include the developer's interest as the proprietor
of:
(a) a lot in the development; or
(b) a unit into which a lot in the development is
further subdivided under this Act.
Amendment of section 26V (Damage for failure,
&c., of developer)
(1) Section 26V, heading
omit
, &c.,
(2) After section 26V(2)
insert
(3) The proprietor's consent to a variation of the
statement does not prevent the proprietor from acting under this section in
relation to the statement as in force before the variation.
(4) This section has effect subject to any
agreement between the proprietor and the developer.
Amendment of section 26W (Variation of
disclosure statement)
(1) Section 26W(1)
omit
Minister
substitute
Surveyor-General
(2) Section 26W(1)
omit
Minister's
substitute
Surveyor-General's
(3) After section 26W(1)
insert
(1A) A transferee mentioned in section 26U may
apply to the Surveyor-General for a variation of the disclosure statement under
subsection (1) as if the transferee were the developer.
(4) Section 26W(4) and (5)
omit
Minister
substitute
Surveyor-General
(5) After section 26W(5)
insert
(6) A variation approved because of subsection (1A)
may take effect only after the transfer mentioned in section 26U to which the
variation relates has occurred.
(7) In subsection (1):
Surveyor-General's approval, of the
subdivision proposed in the disclosure statement, includes the Minister's
approval of such a subdivision given before the commencement of the amendment of
this section by the Land Title and Related Legislation Amendment Act
2007.
Amendment of section 26ZI (Lodging of building
development plan)
Section 26ZI(4)
omit
Before section 27, in Part V, Division
1
insert
In this Part:
this Part includes a management
module.
Repeal and substitution of section
29
Section 29
repeal, substitute
29 Body corporate may
appoint representative
(1) A body corporate that is a proprietor of a unit
may appoint a person as its representative for this Part.
(2) The appointment must be made in accordance with
the management module that applies to the corporation to which the unit plan for
the unit relates.
(3) While the appointment is in force, this Part
applies to the representative as if the representative were the
proprietor.
Amendment of section 30A (Seal of
corporation)
(1) Section 30A(3)
omit
section 54
substitute
the management module that applies to the
corporation
(2) Section 30A(4)
omit
a delegation made under section 54
substitute
the delegation
Repeal of sections 48 to 50, 52 and 53A to
56
Sections 48 to 50, 52 and 53A to 56
repeal
Repeal and substitution of Part V, Divisions 4
and 5
Part V, Divisions 4 and 5
repeal, substitute
Division
4 Management modules
(1) The regulations may:
(a) prescribe management modules for corporations;
and
(b) provide for the application to a corporation of
a management module; and
(c) make other provisions (such as transitional
provisions) for the application.
(2) A management module must
specify:
(a) how a corporation may make a decision
(including, for example, requirements about meetings and voting of the committee
of the corporation); and
(b) the records that must be kept by the
corporation; and
(c) any other requirements about the management of
the corporation.
(3) Without limiting subsection (1)(c), the
regulations may provide:
(a) for a specified period after the commencement of
this section – the application to a corporation of this Part as in
force before the commencement; and
(b) the application of a management module to the
corporation after the end of the period.
After section 111
insert
Part
XI Transitional matters for
Land Title and Related
Legislation Amendment Act 2007
(1) The amendments relating to an approval for a
subdivision or consolidation under this Act apply to an application made on or
after the commencement for such an approval.
(2) The amendments relating to the requirements for
a disclosure statement or its variation apply to such a statement or variation
lodged with the Registrar-General on or after the commencement.
(3) The amendments relating to the provision of
security for an approval under section 26D or 26S apply to such an approval made
on or after the commencement.
(4) The amendments relating to the transfer of a
developer's interest under section 26G or 26U apply to such a transfer that
occurs on or after the commencement.
(5) The amendments to sections 21A and 26ZI for a
document covered by section 9A of the Real Property (Unit Titles) Act
apply to such a document lodged with the Registrar-General on or after the
commencement of the amendments made to that Act by the amending
Act.
(6) In this section:
amending Act means the Land Title
and Related Legislation Amendment Act 2007.
amendments means:
(a) the amendments made to this Act by the amending
Act; and
(b) in relation to a particular matter – each
of the amendments mentioned in paragraph (a) that relates to the
matter.
commencement means the commencement of
the amendments.
The Schedule has effect.
Part 5 Amendment of Planning
Act
Act amended
This Part amends the Planning
Act.
Amendment of section 3
(Interpretation)
Section 3(1), definition
consolidation, paragraph (b)
omit
Amendment of section 5 (Meaning of
"subdivision")
Section 5(2)(b)
omit
Amendment of section 61 (Subdivisions etc. to
be approved under Licensed Surveyors Act)
Section 61
omit
all the words after "Licensed Surveyors
Act"
After section 199
insert
Part
13 Transitional matters for
Land Title and Related
Legislation Amendment Act 2007
(1) The amendments apply to a relevant subdivision
or relevant consolidation for which a units plan or a document covered by
section 9A of the Real Property (Unit Titles) Act is lodged with the
Registrar-General on or after the commencement.
Examples
1 A development permit may be issued for a
consolidation under a units plan of consolidation if the plan is lodged with the
Registrar-General on or after the commencement.
2 Section 61 as amended by the Land Title and
Related Legislation Amendment Act 2007 does not apply to a subdivision under a
units plan lodged with the Registrar-General before the
commencement.
(2) In this section:
amendments means the amendments made
to this Act by the Land Title and Related Legislation Amendment Act
2007.
commencement means the commencement of
the amendments.
relevant consolidation means a
consolidation under the Unit Titles Act, other than a consolidation
of:
(a) lots defined for Part IVB of that Act;
or
(b) building lots defined for Part IVC of that
Act.
relevant subdivision means a
subdivision under the Unit Titles Act as defined for Part III, or in
section 4(6), of that Act.
Part 6 Amendment of Law of Property
Act
Act amended
This Part amends the Law of Property
Act.
After section 72
insert
(1) This section applies to a contract for the sale
of land if:
(a) the contract is entered on or after the
commencement of this section; and
(b) time is of the essence for the contract;
and
(c) the purchaser cannot verify the vendor's title
to the land on the date of the completion of the contract only because of a
failure (the computer failure) of the computer system at the Land
Titles Office; and
(d) as a result, the contract is not completed on
that date.
(2) Subject to any contrary provision in the
contract:
(a) time ceases to be of the essence for the
contract; and
(b) the contract is not breached because of the
failure to complete the contract; and
(c) a party to the contract may give notice, for the
completion of the contract, after the first day during which the computer system
is again operational continuously following the computer failure;
and
(d) the notice must state a period not exceeding 7
business days from the giving of the notice for the completion of the contract;
and
(e) when the notice is received by the other party
to the contract, time is of the essence again for the contract.
(3) To avoid doubt, this section may apply more
than once for the contract.
Schedule Further amendments of Unit Titles
Actsection
|
Provision
|
Amendment
|
|
omit
|
substitute
|
|
sections 10(1), 15(1) and (2), 16(1), 17, 18, 19,
20(1) and (4), 21(2), 21B(2)(c)(ii), 21FA(3), 26B(1), 26E(1), 26Q(1), 26T(1) and
26X(1) and (2)
|
Minister (all
references)
|
Surveyor-General
|
|
section 18, heading
|
Minister
|
Surveyor-General
|
|
section 18
|
the condition referred to in section
17
|
a specified condition
|
|
sections 26B(3)(b), 26J(2)(b), 26Q(3)(c), 26W(2)(b)
and 26ZI(3)(c)
|
53
|
54
|
|
section 26N, definition
approved
|
whole definition
|
|
|
section 26X(1)
|
Minister's
|
Surveyor-General's
|
|
section 26ZL(2)
|
Minister
|
Minister administering the Crown Lands
Act
|
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