s 374A
In forceInterests held in trust must be registered
Chapter 6Registration and dealings
Part 4Dealings affecting land
Division 9Trusts, deceased estates and bankruptcy
374A Interests held in trust must be registered
(1)
Unless a lease is issued to a person as trustee under section 374, a person may hold an interest in a lease or sublease in trust only if there is registered—
(a)
a transfer of the interest to, or a document creating the interest in favour of, the person as trustee; or
(b)
a request to vest the interest in the person as trustee.
(2)
For subsection (1)(b), a request to vest an interest in a lease or sublease in a person as trustee includes a request to give effect to an order of a court appointing the person as trustee for the sale of the lease or sublease.
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