373Q
In forceDealing with a profit a prendre
Chapter 6Registration and dealings
Part 4Dealings affecting land
Division 8BProfits a prendre
373Q Dealing with a profit a prendre
(1)
A profit a prendre over a lease may be sold, mortgaged, given to another person or pass by will or intestacy to a beneficiary.
(2)
Divisions 1 and 4 and sections 377 to 380 apply, with necessary changes, to a dealing with a profit a prendre under subsection (1) as if the profit a prendre were a lease.
Note—
Sections 377 to 380 are provisions relating to deceased estates.
(3)
Without limiting subsection (2), for applying the provisions mentioned to a profit a prendre, a reference to a lessee is a reference to the holder of the benefit of a profit a prendre.
This Act’s bill:Explanatory memorandum
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