sec.61SFEffect of registration on interest

### sec.61SF Effect of registration on interest On registration of a document expressed to transfer or create an interest in a plantation licence or plantation sublicence— the interest is created or transferred in accordance with the document; and the interest is registered; and the interest vests in the person identified in the document as the person entitled to the interest. A person who holds an interest in a plantation licence or plantation sublicence holds the interest subject to— all other interests in the plantation licence or plantation sublicence previously registered; and all rights and interests registered in the register of State forests kept under the Land Act 1994 . Subsection (1) (a) and (c) does not apply to a mortgage. s 61SF ins 2010 No. 12 s 45 (sec.61SF-ssec.1) On registration of a document expressed to transfer or create an interest in a plantation licence or plantation sublicence— the interest is created or transferred in accordance with the document; and the interest is registered; and the interest vests in the person identified in the document as the person entitled to the interest. (sec.61SF-ssec.2) A person who holds an interest in a plantation licence or plantation sublicence holds the interest subject to— all other interests in the plantation licence or plantation sublicence previously registered; and all rights and interests registered in the register of State forests kept under the Land Act 1994 . (sec.61SF-ssec.3) Subsection (1) (a) and (c) does not apply to a mortgage. - (a) the interest is created or transferred in accordance with the document; and - (b) the interest is registered; and - (c) the interest vests in the person identified in the document as the person entitled to the interest. - (a) all other interests in the plantation licence or plantation sublicence previously registered; and - (b) all rights and interests registered in the register of State forests kept under the Land Act 1994 .