7Definitions

#### 7 Definitions 7 Definitions > > (1) In the interpretation of this Act, and of any rules or regulations made thereunder, unless the context or subject matter otherwise indicates or requires— > > > > Administrator means administrator within the meaning of the [Probate and Administration Act 1898](/view/html/inforce/current/act-1898-013), and includes the NSW Trustee and Guardian acting as collector under an order to collect. > > > > Approved form means a form approved by the Registrar-General for the purposes of the provision of this Act in which the expression is used. > > > > Assurance includes a conveyance and a disposition made otherwise than by will; and assure has a corresponding meaning. > > > > Bankruptcy means any act or proceeding in law having, before or after the commencement of the [Conveyancing (Amendment) Act 1972](/view/pdf/asmade/act-1972-17), effects or results similar to those of bankruptcy, and includes the winding-up of a company under the [Companies Act 1961](/view/pdf/asmade/act-1961-71), the [Companies (New South Wales) Code](/view/pdf/asmade/act-1981-122a) or the [Corporations Act 2001](http://www.legislation.gov.au/) of the Commonwealth; and bankrupt has a meaning corresponding with that of bankruptcy. > > > > Commonwealth means Commonwealth of Australia, and Commonwealth Act (with or without descriptive words) means an Act passed by the Parliament of the Commonwealth and includes any Act amending or substituted for the same. > > > > Conveyance includes any assignment, appointment, lease, settlement, or other assurance by deed of any property; and convey has a meaning corresponding with that of conveyance. > > > > Court means the Supreme Court. > > > > Crown plan means a plan (such as a county or parish map, a town or village map or a portion plan) that has been prepared by or on behalf of the Crown and is held by the Registrar-General, and includes a registered plan that has been lodged for registration with the Registrar-General by or on behalf of the Crown. > > > > Current plan has the meaning given by section 7A. > > > > Dealing has the same meaning as it has in the [Real Property Act 1900](/view/html/inforce/current/act-1900-025). > > > > Deed in relation to land under the provisions of the [Real Property Act 1900](/view/html/inforce/current/act-1900-025), includes a dealing having the effect of a deed under that Act. > > > > Disposition includes a conveyance, and also an acknowledgment under section 83 of the [Probate and Administration Act 1898](/view/html/inforce/current/act-1898-013), vesting instrument, declaration of trust, disclaimer, release and every other assurance of property by any instrument except a will, and also a release, devise, bequest, or an appointment of property contained in a will; and dispose has a corresponding meaning. > > > > Executor means the executor to whom probate has been granted, and includes an executor by right of representation. > > > > Existing lot means— > > > > > (a) a lot whose boundaries are shown in a current plan, or > > > > > (b) in relation to land that is not included in a current plan, any distinct lot or portion of land whose current boundaries are identified in the document or documents that evidence current legal interests in the land, > > > > whether comprising the whole of a parcel, or 2 or more parts of a parcel separated by land reserved or acquired for a road, railway or other like purpose. > > > > General Register of Deeds means the General Register of Deeds maintained under section 184C. > > > > Income, when used with reference to land, includes rents and profits. > > > > Incumbrance includes a mortgage in fee or for a less estate, and a trust for securing money, and a lien and a charge of a portion, annuity, or other capital or annual sum; and incumbrancee has a meaning corresponding with that of incumbrance, and includes every person entitled to the benefit of an incumbrance, or to require payment or satisfaction thereof. > > > > Instrument includes deed, will, and Act of Parliament. > > > > Land includes tenements and hereditaments, corporeal and incorporeal, and every estate and interest therein whether vested or contingent, freehold or leasehold, and whether at law or in equity. > > > > Land under the provisions of the Real Property Act 1900 or any equivalent expression, means estates registered under that Act. > > > > Licensed conveyancer means the holder of a licence in force under the [Conveyancers Licensing Act 2003](/view/html/inforce/current/act-2003-003). > > > > lodgment rules has the same meaning as in the [Real Property Act 1900](/view/html/inforce/current/act-1900-025). > > > > Mental disability means the legal disability by reason of which the property of a person subject thereto may, pursuant to the law from time to time in force with respect to mental health, be committed to the management and care of another person. > > > > Minor means a person under the age of eighteen years; and minority has a corresponding meaning. > > > > Mortgage includes a charge on any property for securing money or money’s worth; and mortgage-money means money or money’s worth secured by a mortgage. > > > > Mortgagee includes any person from time to time deriving title to the mortgage under the original mortgagee; and mortgagee in possession means a mortgagee who in right of the mortgage has entered into and is in possession of the mortgaged property. > > > > Mortgagor includes any person from time to time deriving title to the equity of redemption under the original mortgagor, or entitled to redeem a mortgage, according to the person’s estate, interest, or right in the mortgaged property. > > > > Mortgage, mortgagee, and mortgagor in relation to land under the provisions of the [Real Property Act 1900](/view/html/inforce/current/act-1900-025) have the same meaning as in that Act. > > > > Order includes judgment. > > > > Personal representative means the executor or administrator for the time being of a deceased person. > > > > Possession, when used with reference to land, includes the receipt of income therefrom. > > > > Power to postpone sale means power to postpone in the exercise of a discretion whether separately expressed or implied by the terms of the trust for sale. > > > > Property includes real and personal property, and any estate or interest in any property real or personal, and any debt, and any thing in action, and any other right or interest. > > > > Purchaser means a purchaser for valuable consideration, and includes a lessee, mortgagee, or other person who for valuable consideration acquires an interest in property, except that in Part 4, Divisions 5 and 6 purchaser means only a person who acquires an interest in or charge on property for money or money’s worth; and purchase has a meaning corresponding with that of purchaser. > > > > Registered means registered in the appropriate register by the Registrar-General. > > > > Registered plan means any of the following— > > > > > (a) a plan of subdivision, a plan of consolidation or a plan of identification (each within the meaning of section 195) that is registered in accordance with Division 3 of Part 23, > > > > > (b) a strata plan, strata plan of subdivision or strata plan of consolidation within the meaning of the [Strata Schemes Development Act 2015](/view/html/inforce/current/act-2015-051), > > > > > (c) (Repealed) > > > > > (d) a plan that is registered for the purpose of showing either or both of the following— > > > > > > > (i) land that is proposed to be acquired, by agreement or compulsory process, under a provision of an Act (including a Commonwealth Act) that authorises the acquisition of land by compulsory process, or > > > > > > > (ii) the residue of land of which part is proposed to be so acquired, > > > > > (e) a plan (other than a plan referred to in paragraph (a)–(d)) that is registered or recorded by the Registrar-General for the purpose of showing a parcel in a lawful division of land. > > > > Regulations means regulations made under this Act. > > > > Rent includes yearly or other rent, toll, duty, royalty, or other reservation by the acre, the ton, or otherwise; and fine includes premium or foregift, and any payment, consideration, or benefit in the nature of a fine, premium, or foregift. > > > > Sale means only a sale properly so called. > > > > Securities include stocks, funds, and shares. > > > > titling and registry functions has the same meaning as in the [Land and Property Information NSW (Authorised Transaction) Act 2016](/view/html/inforce/current/act-2016-046). > > > > Trust corporation means the NSW Trustee and Guardian or a trustee company or The Official Receiver in Bankruptcy or the trustee in whom is vested the property of a bankrupt. > > > > Trust for sale means a binding trust for sale, whether or not exercisable at the request or with the consent of any person, and with or without a power at discretion to postpone sale. > > > > Trustee company means a licensed trustee company within the meaning of Chapter 5D of the [Corporations Act 2001](http://www.legislation.gov.au/) of the Commonwealth authorised by an Act of New South Wales to act as trustee. > > > > Trustees for sale mean the persons holding property on trust for sale. > > > > Valuable consideration includes marriage but does not include a nominal consideration in money. > > > > War damage means damage caused by, or in repelling, enemy action, or by measures taken to avoid the spreading of the consequences of damage caused by, or in repelling, enemy action. > > > > Will includes codicil. > > > (2) > > > > > (a) Any deed, will, agreement for a settlement, or other agreement, Act, or other instrument, or any number of instruments, whether made or passed before or after, or partly before and partly after the commencement of the [Conveyancing (Amendment) Act 1930](/view/pdf/asmade/act-1930-44), under or by virtue of which instrument or instruments any land on or after such commencement stands for the time being— > > > > > > > (i) limited to or in trust for any persons by way of succession, or > > > > > > > (ii) vested in, or limited in trust for a minor in possession, > > > > > > creates, or is for the purposes of this Act a settlement, and is in this Act referred to as a settlement, or as the settlement, as the case requires— > > > > > > Provided that where land is the subject of a compound settlement references in this Act to the settlement shall be construed as meaning such compound settlement, unless the context otherwise requires. > > > > > (b) Where a minor is beneficially entitled to land, and by reason of an intestacy or otherwise there is no instrument under which the interest of the minor arises or is acquired, a settlement shall be deemed to have been made by the intestate or by the person whose interest the minor has acquired. > > > > > (c) An estate or interest not disposed of by a settlement and remaining in or reverting to the settlor, or any person deriving title under the settlor, is for the purposes of this Act an estate or interest comprised in the subject of the settlement and coming to the settlor or such person under or by virtue of the settlement. > > **s 7:** Am 1930 No 44, sec 3; 1942 No 1, sec 2 (1) (a); 1970 No 52, Second Sch (am 1972 No 41, Second Sch); 1970 No 60, First Sch; 1972 No 17, sec 3; 1981 No 123, Sch 8; 1985 No 142, Sch 1 (2); 1992 No 5, Sch 3 (1); 1992 No 55, Sch 2; 1997 No 152, Sch 2 \[1\]; 1998 No 54, Sch 1.6 \[1\]; 2001 No 34, Sch 2.7 \[1\]; 2006 No 80, Sch 3.5 \[1\]; 2007 No 82, Sch 1.2 \[1\]; 2009 No 49, Sch 2.15 \[1\] \[2\]; 2009 No 109, Sch 2.1 \[1\]; 2015 No 51, Sch 9.5 \[1\] \[2\]; 2016 No 46, Sch 4.2 \[1\]–\[3\]; 2017 No 17, Sch 4.19 \[3\]; 2025 No 50, Sch 1\[3\].