Effect of Crown Lands Acts
36 Effect of Crown Lands Acts
The powers and remedies conferred on the Authority under this Act are not in any way limited by the provisions of the Crown Lands Acts.
Nothing in the Crown Lands Acts invalidates or affects a mortgage or transfer given or made to the Authority to secure any loan or interest on a loan or any remedy for the recovery of the loan or interest.
Any such mortgage or transfer may be given or made, and any sale or foreclosure may be effected, even though the land the subject of the mortgage or transfer could not under the terms of the Crown Lands Acts be so transferred, assigned or otherwise dealt with.
This Act’s bill:Explanatory memorandum
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