Victorian Current Acts

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PROPERTY LAW ACT 1958 - SECT 217

Discharge of the estates of debtors or accountants to the Crown

It shall be lawful for the Minister administering Part 7 of the Financial Management Act 1994 with the consent of the Governor, by writing under their hands upon payment of such sum of money as they think fit to require to be applied in liquidation of the debt or liability of any debtor or accountant to the Crown or upon such other terms as they think proper, to certify that any freehold land or chattel real of any such Crown debtor or accountant shall be held by the purchaser or mortgagee or intended purchaser or mortgagee thereof his heirs executors administrators and assigns wholly exonerated and discharged from all further claims of His Majesty for or in respect of any debt claim or liability present or future of the debtor or accountant to whom such land or chattel real belonged; and thereupon the same land or chattel real shall be held accordingly wholly exonerated and discharged as aforesaid.

No. 3754 s. 218.

S. 218 amended by No. 25/2023 s. 7(Sch.  1 item 20.5).



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