DUTIES ACT 2001 - SECT 156U
Former owner may recover proceeds of sale as debt
DUTIES ACT 2001 - SECT 156U
Former owner may recover proceeds of sale as debt
156U Former owner may recover proceeds of sale as debt
(1) The amount equal to the proceeds of the sale of land under the order to
sell less an amount paid under section 156S(d) is a debt payable to the
former owner of the land by the persons liable to pay the outstanding
liability for which the order was made.
(2) The former owner may recover the
debt in a court of competent jurisdiction.
(3) In this section—
"former owner" , of land sold under the order to sell, means the person who
owned the land immediately before its sale.
