Victorian Consolidated Legislation

Transfer of Land Act 1958 - SECT 26D

Removal of warning as to subsisting interests-possessory interests

26D. Removal of warning as to subsisting interests-possessory interests



(1) If a provisional folio has been created under this Division in respect of
a possessory interest, the Registrar, on the application of a person
interested, must at or after the end of 15 years after the creation of the
folio cause notice of the Registrar's intention to delete the warning in the
form of Part V of the Fifth Schedule recorded on the folio to be given in
accordance with section 26Q.

(2) If the Registrar is satisfied that sections 26Q and 26R have been complied
with and that the warning can be deleted, the Registrar may delete the warning
from the folio and make any necessary amendments to the Register.

(3) On the deletion of the warning from the folio under subsection (2), the
land in the folio ceases to be subject to the subsisting interests referred to
in that warning.