SETTLED LAND ACT 1958 - SECT 74 Power to acquire land subject to certain incumbrances
SETTLED LAND ACT 1958 - SECT 74
Power to acquire land subject to certain incumbrances(1) Land may be acquired on a purchase or exchange to be made subject to a settlement, notwithstanding that the land is subject to any Crown rent, quit rent, chief rent, or other incident of tenure, or to any easement, right or privilege, or to any restrictive covenant, or to any liability to maintain or repair walls, fences, sea-walls, river banks, dykes, roads, streets, sewers or drains, or to any improvement security [20] which is capable under this Act of being redeemed out of capital money.
(2) The acquisition on a purchase or exchange before the commencement of this Act of any land subject to any such burden as aforesaid is hereby confirmed.
No. 3771 s. 75.