TRANSFER OF LAND ACT 1958 - SECT 123 Mortgages under general law deemed to be mortgages under this Act

TRANSFER OF LAND ACT 1958 - SECT 123

On the commencement of section 6 of the Transfer of Land (Single Register) Act 1998 , any legal mortgage under the general law which is existing at that commencement and which is recorded as an encumbrance on a folio of the Register, is deemed to be a mortgage registered under section 74.

S. 124

inserted by No. 85/1998 s. 18.