When land ceases to be or is not Crown land
1.9 When land ceases to be or is not Crown land
Land ceases to be Crown land if—
the land is sold, or lawfully contracted to be sold, and the purchase price or other consideration for the sale has been received by the Crown (or by a person on behalf of the Crown) regardless of whether the purchaser is recorded in the Register as the registered proprietor of the land, or
contracts for the sale of the land have been exchanged and the deposit has been received by the Crown (or by a person on behalf of the Crown).
Land to which subsection (1) (b) applies becomes Crown land again if the purchaser fails to complete the purchase following the exchange of contracts.
Note.
See section 1.10 (When land becomes Crown land because of this Act).
To avoid doubt, subsection (1) does not prevent the Minister (or any other person acting on behalf of the Crown) from completing a sale of land that has ceased to be Crown land because of that subsection.
Crown land does not include land under an incomplete purchase.
Land does not cease to be Crown land just because of the creation in respect of it of a folio of the Register in the name of the State.
This Act’s bill:Explanatory memorandumSecond reading speech
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