Australian Capital Territory Current Acts Australian Capital Territory Current Acts(1) A mortgage of land under a land sublease is not valid or binding against the sublessor, or the sublessor's mortgagee (if any), unless the sublessor and the sublessor's mortgagee consent, in writing, to the mortgage.
Note This section does not apply to a building sublease (see Planning Act 2023
, dict, def land sublease ).
(2) In this section:
"mortgage" includes an encumbrance.
"mortgagee" includes an encumbrancee.