Queensland Consolidated Acts

LAND ACT 1994 - SECT 389B

389B Effect on writ of execution of transfer after sale by chief executive

(1) This section applies if—

(a) a writ of execution has been registered in relation to a lease; and

(b) the chief executive has sold the lease under chapter 5 , part 4 , division 3A , subdivision 4 .

(2) If the chief executive executes a transfer of the lease for the purposes of the sale—

(a) the registration of the writ of execution does not prevent registration of the transfer; and

(b) on registration of the transfer, the registrar of titles must cancel registration of the writ of execution.