Withdrawal or cancellation of standard terms document
321 Withdrawal or cancellation of standard terms document
The registrar of titles may withdraw a registered standard terms document if asked to withdraw it by the person who lodged it.
The chief executive may cancel a registered standard terms document lodged by the Minister or the chief executive after giving 1 month’s notice in the gazette.
The registrar of titles must keep and, if asked, produce for inspection a copy of a standard terms document cancelled or withdrawn under this section.
Withdrawal or cancellation of a standard terms document, under this section or the Land Title Act 1994, does not affect a document already registered or executed within 7 days after its withdrawal or cancellation.
If the chief executive cancels a standard terms document under this section, the chief executive must give the registrar of titles notice of the withdrawal or cancellation.
This Act’s bill:Explanatory memorandum
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