49
In forceSale of land on default of mortgagor
Part 6Advances for houses, other buildings and land
Division 1Advances for houses to individuals
49 Sale of land on default of mortgagor
If land is sold by the Corporation under this Division, the land is freed from any charge in respect of money owed under a mortgage in favour of the Corporation or any restriction imposed by this Act.
This Act’s bill:Explanatory memorandumSecond reading speech
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