(1A) Where by the
operation of any statute or statutory or other power or by virtue of any
vesting order of any court or judge or tribunal or an order appointing a
person to convey or of a vesting declaration appointment or other assurance an
interest in land under this Act being an interest capable of being registered
is disposed of or created the registered proprietor shall subject to proper
provision being made for payment of costs, be bound to give effect to the
disposition.
(1B) If the registered
proprietor is unable or refuses to make the requisite transfer or other
disposition under this Act or cannot be found or if for any other reason a
transfer or other disposition by him under this Act cannot be obtained within
a reasonable time then the Registrar upon the direction of the Commissioner
may give effect thereto in the Register by making an entry therein containing
such particulars relating to such disposition as he may consider necessary.
(1C) The disposition
shall take effect in like manner as nearly as may be as if it had been made by
the registered proprietor by transfer or other registered disposition.
(1D) Nothing in
subsections (1A) to (1C) shall prejudicially affect the rights of a personal
representative in relation to the estate of the deceased.
(2) This section shall
apply whether the disposition to which the registered proprietor is bound to
give effect subject as aforesaid is made before or after the commencement of
this Act.
(3) This section shall
not apply in those cases in which other provision has been made for giving
effect in the Register to any disposition.
(4) In this section,
except where a contrary intention appears —
disposition includes a disclaimer surrender or
release; and
registered disposition means a disposition which
takes effect under the powers conferred by this Act on the registered
proprietor of land by way of transfer, lease, mortgage, charge, carbon right,
carbon covenant or tree plantation agreement or otherwise.
[Section 242 inserted: No. 17 of 1950 s. 70;
amended: No. 81 of 1996 s. 145(1); No. 56 of 2003 s. 21; No. 19 of 2010 s. 51;
No. 32 of 2018 s. 266.]