PROPERTY LAW ACT 1958 - SECT 121 Statutory transfer and mortgage combined

PROPERTY LAW ACT 1958 - SECT 121

If the deed of transfer is made in the Form (C) it shall, by virtue of this Part, operate not only as a statutory transfer of mortgage, but also as a statutory mortgage, and the provisions of the last three preceding sections shall have effect in relation thereto accordingly.

No. 3754 s. 122.