Victorian Numbered Acts

LAND LEGISLATION AMENDMENT ACT 2017 (NO. 42 OF 2017) - SECT 27

    (1)     After section 69(1A) of the Transfer of Land Act 1958 insert —

    "(1B)     The surrender of lease under subsection (1) must be agreed to by the lessor and lessee of the lease.".

    (2)     In section 69(3) of the Transfer of Land Act 1958 , for "shall make on the relevant folio of the Register a recording of the surrender and, on the making of the recording," substitute "must remove the recording of the lease from the relevant folio of the Register and, on the removal of the recording,".