Victorian Consolidated Legislation

Melbourne Harbour Trust (Exchange of Lands) Act 1922 - SECT 7

Creation of folios of the Register in respect of certain lands

7. Creation of folios of the Register in respect of certain lands

Upon applications in writing being made to the Registrar of Titles by the
Mount Lyell Company the Vacuum Oil Company and the Cuming Smith Company
respectively under their respective common seals to be registered as the
respective registered proprietors of the respective parcels of land vested in
them respectively by virtue of this Act with the respective rights of
easements hereby created in favour of such parcels of land respectively and
upon payment to the Registrar of Titles as a contribution to the assurance
fund under the Transfer of Land Acts of a contribution at the rate of one
half-penny in the pound upon the value of the land so vested in the said
respective companies as aforesaid and upon payment to the Registrar of Titles
of the prescribed fees for new certificates of title in relation thereto
respectively and upon payment in the case of the Mount Lyell Company to the
Comptroller of Stamps of stamp duty as on a sale in respect of the sum of
Seven hundred and seventy-five pounds in relation to
the land in the said Third Schedule to this Act the said Registrar of Titles
shall-

   (a)  create a folio or folios of the Register in which the Mount Lyell
        Company is recorded as registered proprietor in respect of the land
        described in the said Third Sixth Fourteenth and Fifteenth Schedules
        to this Act together with an easement of carriage way over (but
        subject as to such easement of carriage way to the diverse right in
        favour of the Commissioners reserved by this Act) the land described
        in the said Fifth and Tenth Schedules to this Act;

   (b)  create a folio or folios of the Register in which the Vacuum Oil
        Company is recorded as registered proprietor in respect of the land
        described in the Fourth and Seventh Schedules to this Act together
        with an easement of carriage way over (but subject as to such easement
        of carriage way to the diverse right in favour of the Commissioners
        reserved by this Act) the land described in the Thirteenth Schedule to
        this Act and together with the right to use for sewerage purposes the
        land described in the Third Schedule to this Act; and

   (c)  create a folio or folios of the Register in which the Cuming Smith
        Company is recorded as registered proprietor in respect of the land
        described in the Eleventh Schedule to this Act together with an
        easement of carriage way over (but subject as to such easement of
        carriage way to the diverse right in favour of the said Commissioners
        thereover reserved by this Act) the land described in the Twelfth
        Schedule to this Act.