South Australian Consolidated Acts

FOREST PROPERTY ACT 2000 - SECT 9

9—Enforceability of registered forest property agreement by and against successors in title to the original parties

        (1)         A registered forest property agreement is binding on, and enforceable by and against, the persons for the time being registered as—

            (a)         the owner of the land to which the agreement relates; and

            (b)         if the agreement transfers ownership of forest vegetation—the owner of the forest vegetation; and

            (c)         if the agreement transfers ownership of carbon rights—the owner of the carbon rights.

        (2)         A person ceases to be bound by a registered forest property agreement if the person ceases to be registered as—

            (a)         the owner of the land to which the agreement relates; or

            (b)         the owner of forest vegetation; or

            (c)         the owner of carbon rights,

(but this subsection does not relieve a person from liabilities that had accrued under the agreement before the person ceased to be so registered).