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LAND TITLE ACT 1994 - SECT 97L
Releasing or removing a profit a prendre
97L Releasing or removing a profit a prendre
(1) On lodgement of an instrument releasing a profit a prendre to which a lot
is subject, the registrar may register the release to the extent shown in the
instrument of release.
(2) On registration of the instrument of release, the
profit a prendre is discharged, and the lot is released from the profit a
prendre, to the extent shown in the instrument of release.
(3) Also, the
registrar may remove a profit a prendre from the indefeasible title for a lot
if a request to remove the profit a prendre is lodged, and it is clearly
established that— (a) the period of time for which the profit a prendre was
intended to subsist has ended; or
(b) the event upon which the profit a
prendre was intended to end has happened.
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