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s 109

Taking possession of agreed premises under mortgage entered into before commencement day

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Part 7Transitional and savings provisions
Division 3Transitional and savings provisions — Residential Parks (Long‑stay Tenants) Amendment Act
Subdivision 3Other transitional provisions

109 Taking possession of agreed premises under mortgage entered into before commencement day

(1)

This section applies to a mortgage entered into before commencement day.

(2)

Despite the amendment of former section 33(3)(b) and the repeal of section 33(3)(c), a long‑stay agreement ends when a mortgagee of the agreed premises takes possession of the premises under the mortgage as if those sections had not been amended or repealed by the amending Act.

[Section 109 inserted: No. 28 of 2020 s. 84.]

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