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LAND ACT 1994 - SECT 55
Power to surrender deed of grant in trust
55 Power to surrender deed of grant in trust
(1) A trustee may surrender all or part of a deed of grant in trust— (a) on
terms agreed to between the Minister and the trustee; and
(b) with the
Minister’s written approval.
(2) If part of the land is surrendered, the
deed of grant in trust remains in force for the land not surrendered and the
registrar of titles must make an appropriate recording in the freehold land
register.
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