Section 257 — Property Law Act 2007: Effect of order granting relief against cancellation of lease
Text of the provision Official document
257 Effect of order granting relief against cancellation of lease (1) An order of a court granting relief against the cancellation, or proposed cancellation, of a lease may be registered as an instrument under— (a) the Land Transfer Act 1952 ; or (b) the Deeds Registration Act 1908 . (2) On and after the making of the order— (a) the lessee and any sublessee continue to hold the land under the terms of the lease, without any need for a new lease or sublease to be entered into; and (b) any right or interest deriving from any sublease is reinstated. (3) Subsection (2) is subject to subsection (4), but otherwise applies despite anything to the contrary in section 121 of the Land Transfer Act 1952. (4) If the Registrar-General has, under section 121 of the Land Transfer Act 1952, notified the re-entry of the lessor on the register, subsection (2) has effect only from the time at which the order granting relief is registered. Compare: Landlord and Tenant Act 1730, 4 Geo 2, c 28 s 4 (UK); 1952 No 51 s 118
Official source: legislation.govt.nz
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