Section 94 — Land Transfer Act 1952: Certificate for balance not transferred may remain valid
Text of the provision Official document
94 Certificate for balance not transferred may remain valid (1) When any certificate of title is partially cancelled by endorsement thereon of a memorial of transfer of a portion of the land, the Registrar may, at his discretion, allow the person entitled to the untransferred balance of the land to retain the certificate, and the same shall, as to the untransferred balance, remain in full force and effect; provided that the memorial shall clearly define what portion of the land has been transferred. (2) In the case of a transfer of a road line to Her Majesty, the Registrar may mark the road line upon the plan on the certificate, or upon a new plan upon the certificate, and endorse a description of the road line upon the said certificate;
and in any such case it shall not be necessary to issue a certificate for the road line, but the old certificate, or a new one, may be reissued with the road line marked thereon, with a memorandum that the transfer has been registered. Compare: 1915 No 35 s 86 Subsection (2) was amended, as from 10 December 1991, by section 2(2)(b) Land Transfer Amendment Act 1991 (1991 No 118) by omitting the words “ without fee ” .
Official source: legislation.govt.nz
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