Section 226A — Resource Management Act 1991: Savings in respect of cross leases, company leases, and retirement village leases
Text of the provision Official document
226A Savings in respect of cross leases, company leases, and retirement village leases (1) Nothing in section 11 or this Part shall apply— (a) To the registration of a memorandum of cross lease or company lease, in renewal or in substitution for a cross lease or company lease, and the issue of a certificate of title therefor in respect of a building or part of a building shown on a plan— (i) Deposited or lodged in the land registry office for cross lease or company lease purposes before the commencement of this Act; or (ii) To which paragraph (b) or paragraph (c) of section 408(1) applies; or (b) To the registration of a lease of a residence within retirement village premises shown on a plan deposited before the commencement of this Act or the issue of a certificate of title therefor. (c) to the renewal or substitution of a company lease in respect of a building or part of a building if the original company lease was in existence before the commencement of this Act (whether or not the renewal or substitution is part of the original company lease or a subsequent company lease). (2) The District Land Registrar shall not register a lease or issue a certificate of title for a residence within retirement village premises, in respect of a plan deposited before the commencement of this Act, unless a certificate is endorsed on the memorandum of lease, and signed by the lessor or by a Solicitor of the High Court, that subsection (1)(b) applies. (3) For the purposes of this section, retirement village premises means premises (including any land and associated buildings) within a complex of premises for occupation as residences predominantly by persons who are retired and any spouses or partners of such persons. Section 226A was inserted, as from 7 July 1993, by section 121 Resource Management Amendment Act 1993 (1993 No 65). Subsection (1)(c) was inserted, as from 1 August 2003, by section 73 Resource Management Amendment Act 2003 (2003 No 23). See sections 109 to 113 of that Act as to the transitional and savings provisions.
Official source: legislation.govt.nz
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