Notification of surrender of Bell Street lands
5 Notification of surrender of Bell Street lands
Upon—
registration in the office of the registrar of titles of a plan of survey amalgamating the lands referred to in the definition Bell Street lands, paragraphs (a) to (c); and
registration, in accordance with subsection (2), in the office of the registrar of titles of an instrument of transfer and surrender to Her Majesty of the Bell Street lands, the registrar of titles shall forthwith notify the registrar of dealings in writing of that transfer and surrender.
An instrument of transfer and surrender to Her Majesty of the Bell Street lands shall not be registered in the office of the registrar of titles unless there is lodged in that office with the instrument of transfer and surrender the written consent to the registration thereof of—
every mortgagee under a mortgage encumbrance registered or noted on an instrument of title to the Bell Street lands or any part thereof and to which those lands or that part are subject immediately before such registration; and
every person whose caveat is registered or noted on an instrument of title to the Bell Street lands or any part thereof, being a caveat lawfully lodged with the registrar and that remains in force.
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