New South Wales Consolidated Acts
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COMMUNITY LAND DEVELOPMENT ACT 1989 - SECT 15
Severance of a development lot
(1) A community development lot may be severed from a community scheme, or a
precinct development lot may be severed from a precinct scheme, by the
registration of an instrument in the approved form.
(2) The Registrar-General
may refuse to register a severance of a development lot unless Schedule 8 is
complied with.
(3) On registration of the instrument severing a
development lot, the Registrar-General is to-- (a) make such recordings in the
folio for the severed lot as the Registrar-General thinks fit in order to give
effect to the severance while preserving subsisting interests recorded in the
folio, and
(b) make such notations on the related community plan or
precinct plan with respect to the severance as the Registrar-General thinks
fit.
(4) A severed lot ceases to be a development lot but continues to be a
lot in a current plan for the purposes of section 23F of the Conveyancing Act
1919 .
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