Electricity Industry (Residual Provisions) Act 1993
72Interests in land
Start here
Get a plain-English read of 72
Turn the raw legal text into a practical explanation grounded in Electricity Industry (Residual Provisions) Act 1993.
72 Interests in land
Without prejudice to the generality of this Act and despite anything to the contrary in any other Act or law, if, immediately before the appointed day or allocation day, as the case requires, the former SEC is, in relation to transferred property, the registered proprietor of an interest in land under the Transfer of Land Act 1958, then on and after the appointed day or allocation day, as the case requires—
(a) the transferee of the transferred property is to be taken to be the registered proprietor of that interest in land; and
S. 72(b) amended by No. 11/2024 s. 47(2).
(b) the transferee has the same rights and remedies in respect of that interest as the former SEC had.