163
In forceInsertion of the words "with no survivorship" in instruments
Part 15Trusts and transmissions
163 Insertion of the words "with no survivorship" in instruments
If an instrument grants or transfers an estate or interest in land to 2 or more persons as joint proprietors intended to be held by them as trustees—
(a)
a party to the instrument may use the words "with no survivorship" in the instrument; and
(b)
the
Registrar‑General must, if the words "with no survivorship" are used in the instrument, record that fact in the Register Book and on a conspicuous place on any certificate issued to the joint proprietors.
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