TRANSFER OF LAND ACT 1893 - SECT 104E

TRANSFER OF LAND ACT 1893 - SECT 104E

104E .         Mortgage of carbon right

        (1)         The requirements of subsection (2) are in addition to the requirements of Part IV Division 3 and any other provision of this Act relevant to the mortgage of land.

        (2)         If a carbon right is registered in respect of Crown land, a mortgage of the carbon right shall not be registered unless there is compliance with section 18 of the Land Administration Act 1997 .

        [Section 104E inserted: No. 56 of 2003 s. 14.]