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LAND ACT 1994 - SECT 55D
Registration surrenders deed of grant in trust
55D Registration surrenders deed of grant in trust
(1) All or part of a deed of grant in trust may be surrendered by registering
a surrender notice or plan of subdivision.
(2) However, if the surrender
relates to only part of a lot, the surrender may only be made by registering a
plan of subdivision.
(3) The surrender of all or part of a deed of grant in
trust takes effect on the day a surrender notice or plan of subdivision is
registered.
(4) The Land Title Act 1994 , section 50 , and the provisions of
the Planning Act about reconfiguring a lot do not apply to a
plan of subdivision registered to give effect to a surrender under this
section.
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