182
In forceEffect of registration on interest
Part 9Registration of instruments and its effect
Division 2Consequences of registration
Subdivision AGeneral
182 Effect of registration on interest
On registration of an instrument that is expressed to transfer or create an interest in a lot, the interest—
(a)
is transferred or created in accordance with the instrument; and
(b)
is registered; and
(c)
vests in the person identified in the instrument as the person entitled to the interest.
This Act’s bill:Explanatory memorandum
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