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StatuteProperty Law Act 2007

Section 230 — Property Law Act 2007: Merger of reversion not to affect remedies

Text of the provision Official document

230 Merger of reversion not to affect remedies (1) This section applies to a lease if the reversion expectant on the lease is merged in a remainder or other reversion, or in a future estate or interest in the land. (2) The person entitled to the estate or interest into which that reversion has merged has the same remedies for non-performance or non-observance of the covenants or conditions of the lease, and has the same rights to give notice to the lessee of termination of the lease, as the person who would for the time being (but for the merger) have been entitled to the reversion expectant on the lease would have had. Compare: 1952 No 51 s 111

Official source: legislation.govt.nz

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Statutory text from an official public source. Informational content — does not replace advice from a qualified lawyer.