15
CurrentCaveat in respect of land not transferred to BSAL
Part 4Transfer of assets and liabilities to BSAL
15 Caveat in respect of land not transferred to BSAL
(1)
SBSA or an SBSA subsidiary may lodge with the Registrar-General a caveat in respect of land under the provisions of the Real Property Act 1886 that—
(a)
is land of which that body is the registered proprietor; and
(b)
is not a transferred asset.
(2)
A caveat lodged under this section in respect of land may forbid the registration of any dealing with the land by BSAL without the consent in writing of SBSA or the SBSA subsidiary concerned.
(3)
Section 191 of the Real Property Act 1886 applies to a caveat lodged under this section but subject to the provisions of this section.
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