TRANSFER OF LAND ACT 1893 - SECT 125
TRANSFER OF LAND ACT 1893 - SECT 125
125 . Entry of satisfaction of annuity
Upon proof to the
satisfaction of the Commissioner of the death of the annuitant or of the
occurrence of the event or circumstance upon which in accordance with the
provisions of any charge the annuity thereby secured shall cease to be payable
and upon proof to the like satisfaction that all arrears of the annuity and
all costs occasioned by non-payment thereof have been paid or satisfied he
shall direct the Registrar to make an entry in the Register that such annuity
is satisfied; and upon such entry being made the land shall cease to be
subject to or liable for such annuity.
[(a), (b)
deleted]
[Section 125 amended: No. 17 of 1950 s. 31; No. 81
of 1996 s. 145(1); No. 6 of 2003 s. 40; No. 21 of 2022 s. 27.]