TRANSFER OF LAND ACT 1893 - SECT 55
TRANSFER OF LAND ACT 1893 - SECT 55
55 . Trusts
(1) The Registrar
shall not enter on a certificate of title notice of any trusts other than
those set out in the body of the original Crown grant or certificate of title
or contained or referred to in the transfer, or the ministerial order for the
conveyance, of the relevant Crown land into the fee simple.
(2) Where a trust is
declared in any other document and the document or a copy of it has been
deposited with the Registrar, the Registrar may cause the document or copy to
be kept for safe custody and reference but shall not register the document.
(3) The Commissioner
may protect, in any manner he thinks fit, the rights of the persons for the
time being beneficially interested in, or required to give consent under, a
trust a record of which is kept under subsection (2).
(4) The rights
incidental to any proprietorship, instrument, dealing or matter registered
under this Act shall not be affected by the keeping of a record of a trust
under subsection (2).
[Section 55 inserted: No. 81 of 1996 s. 29;
amended: No. 31 of 1997 s. 96; No. 6 of 2003 s. 19.]