sec.61SQPowers of registered mortgagee

### sec.61SQ Powers of registered mortgagee A registered mortgagee of a plantation licence or plantation sublicence may exercise any right, power or authority validly conferred on it under the mortgage if the plantation licensee or plantation sublicensee defaults under the mortgage. power to enter into possession, assume control of or exercise power of sale of the plantation licence or plantation sublicence power to appoint an enforcing party to enter into possession, assume control of or exercise power of sale of the plantation licence or plantation sublicence power to engage, or permit the enforcing party to engage, 1 or more persons to perform some or all of the plantation licensee’s or plantation sublicensee’s obligations under the plantation licence or plantation sublicence If the registered mortgagee or an enforcing party enters into possession or assumes control of the plantation licence or plantation sublicence, the registered mortgagee or enforcing party— is subject to, and must perform, the obligations of the plantation licensee or plantation sublicensee under this Act, the plantation licence or plantation sublicence, or any related agreement; and may enforce the rights of the plantation licensee or plantation sublicensee under this Act, the plantation licence or plantation sublicence, or any related agreement. s 61SQ ins 2010 No. 12 s 45 (sec.61SQ-ssec.1) A registered mortgagee of a plantation licence or plantation sublicence may exercise any right, power or authority validly conferred on it under the mortgage if the plantation licensee or plantation sublicensee defaults under the mortgage. power to enter into possession, assume control of or exercise power of sale of the plantation licence or plantation sublicence power to appoint an enforcing party to enter into possession, assume control of or exercise power of sale of the plantation licence or plantation sublicence power to engage, or permit the enforcing party to engage, 1 or more persons to perform some or all of the plantation licensee’s or plantation sublicensee’s obligations under the plantation licence or plantation sublicence (sec.61SQ-ssec.2) If the registered mortgagee or an enforcing party enters into possession or assumes control of the plantation licence or plantation sublicence, the registered mortgagee or enforcing party— is subject to, and must perform, the obligations of the plantation licensee or plantation sublicensee under this Act, the plantation licence or plantation sublicence, or any related agreement; and may enforce the rights of the plantation licensee or plantation sublicensee under this Act, the plantation licence or plantation sublicence, or any related agreement. - • power to enter into possession, assume control of or exercise power of sale of the plantation licence or plantation sublicence - • power to appoint an enforcing party to enter into possession, assume control of or exercise power of sale of the plantation licence or plantation sublicence - • power to engage, or permit the enforcing party to engage, 1 or more persons to perform some or all of the plantation licensee’s or plantation sublicensee’s obligations under the plantation licence or plantation sublicence - (a) is subject to, and must perform, the obligations of the plantation licensee or plantation sublicensee under this Act, the plantation licence or plantation sublicence, or any related agreement; and - (b) may enforce the rights of the plantation licensee or plantation sublicensee under this Act, the plantation licence or plantation sublicence, or any related agreement.