Western Australian Current Acts

TRANSFER OF LAND ACT 1893 - SECT 104F

104F .         Surrender of carbon right

        (1)         A carbon right may be wholly or partially surrendered by an instrument of surrender in an approved form that is signed by each proprietor of the carbon right.

        (2)         An instrument of surrender of a carbon right shall not be registered unless —

            (a)         the following have been surrendered, discharged or withdrawn —

                  (i)         each registered interest in the carbon right or the part of the carbon right to be surrendered;

                  (ii)         any carbon covenant that is registered in respect of the carbon right or the part of the carbon right to be surrendered;

                  (iii)         any caveat lodged in respect of the carbon right or the part of the carbon right to be surrendered;

                and

            (b)         the instrument is accompanied by the prescribed fee.

        (3)         If a carbon right is registered in respect of Crown land, an instrument of surrender of the carbon right shall not be registered unless there is compliance with section 18 of the Land Administration Act 1997 .

        [Section 104F inserted: No. 56 of 2003 s. 14.]