Interests under repealed Act continue
508 Interests under repealed Act continue
On the commencement—
each interest in land held by a person immediately before the commencement, and recorded under an Act repealed by this Act, is taken to be an interest held by the person, under this Act, in the land registry; and
each document or duplicate document issued under an Act repealed by this Act before the commencement is taken to be a document issued under this Act.
The chief executive must do everything necessary or desirable to ensure that the particulars of each interest mentioned in subsection (1) are fully and accurately recorded in the land registry.
To remove any doubt, it is declared that all reservations in existing deeds of grant, deeds of grant in trust and leases continue.
This Act’s bill:Explanatory memorandum
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