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s 93

Certain covenants void

In force
Part IXMiscellaneous

93 Certain covenants void

A covenant or stipulation in a mortgage whereby the money secured by the mortgage shall become due and payable, or any power of sale or entry into possession shall become exercisable, in the event of the

Public Trustee becoming entitled in any capacity to administer the estate under the control of the Public Trustee, or any other covenant, stipulation or condition adversely affecting, or tending to affect adversely, the estate or interest of the mortgagor in the event of the Public Trustee so becoming entitled to administer the estate of the mortgagor, shall be null and void.

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Section 93 — Certain covenants void — Public Trustee Act 1979 (Northern Territory) — Barrister AI