Schedule 6—Charges over land
(1) This Schedule
applies to a charge on land created by this Act.
(2) However, this
Schedule does not apply to rates, charges, interests or fines recoverable
under Chapter 10 or a building upgrade charge under Schedule 1B.
2—Notice of charge to Registrar-General
(1) For the purposes
of imposing a charge over land, a council must deliver to the
Registrar-General a notice, in a form determined by the
Registrar-General—
(a)
identifying the land over which the charge is to exist; and
(b)
declaring the unpaid amount, and the rate of interest; and
(c)
requesting the Registrar-General to make a note under this section in the
Register Book.
(2) On receipt of a
notice under subclause (1), the Registrar-General must enter an
appropriate note in the Register Book and, when that entry is made, a charge
is created over the land.
(1) The effect of the
charge is as follows:
(a) the
Registrar-General must not, after entry of the note under clause 2,
register an instrument affecting the land over which the charge exists
unless—
(A) was executed before the entry was made;
or
(B) has been executed under or pursuant to
an agreement entered into before the entry was made; or
(C) relates to an instrument registered
before the entry was made; or
(ii)
the instrument is an instrument of a prescribed class; or
(iii)
the instrument is expressed to be subject to the
operation of the charge; or
(iv)
the instrument is a duly stamped conveyance that results
from the exercise of a power of sale under a mortgage, charge or encumbrance
registered before the entry was made; and
(b) the
council has the same powers in respect of the land over which the charge
exists as are given by the Real Property Act 1886 to a mortgagee under a
mortgage in respect of which default has been made in payment of money secured
by the mortgage.
(2) An instrument
registered under subclause (1)(a)(i) or (ii) has effect, in relation to
the charge, as if it had been registered before the entry was made.
(3) If an instrument
is registered under subclause (1)(a)(iv), the charge will be taken to be
cancelled by the registration of the instrument and the Registrar-General must
take whatever action the Registrar-General considers appropriate to give
effect to the cancellation.
(1) The council in
whose favour a charge exists must, if the amount to which the charge relates
is paid, by notice in a form determined by the Registrar-General, apply for
the discharge of the charge.
(2) The
Registrar-General must then cancel the relevant entry.