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TRANSFER OF LAND ACT 1958 - SECT 26H Interests in identified folio subject to subsisting interests

TRANSFER OF LAND ACT 1958 - SECT 26H

Interests in identified folio subject to subsisting interests

    (1)     An interest in land recorded on an identified folio is subject to all subsisting interests existing at the time the interest is recorded on the folio.

    (2)     Nothing in subsection (1) affects the operation of section 42(2).

    (3)     Section 43 does not operate to defeat any claim based on an interest in land recorded in an identified folio or a subsisting interest affecting that land.

S. 26I substituted by No. 85/1998 s. 6.