Western Australian Current Acts

TRANSFER OF LAND ACT 1893 - SECT 114

114 .         Mortgagee or annuitant of leasehold entering into possession become liable to lessor

                A mortgagee of or annuitant upon land leased under this Act and his transferees after entering into possession of the land or the receipt of the rents and profits thereof shall during such possession or receipt and to the extent of any benefit rents and profits which may be received become and be subject and liable to the lessor of the said land or his transferees or the person for the time being entitled to the reversion and inheritance expectant on the term of the lease for the payment of the rent reserved by the lease and for the performance and observance of the covenants therein contained or by this Act declared to be implied therein on the part of the lessee or his transferees.