25Imposition of conditions on sale of certain land

#### 25 Imposition of conditions on sale of certain land 25 Imposition of conditions on sale of certain land (cf Act No 62, 1976, ss 14A–14C) > > (1) If the Corporation requests the Registrar-General in the manner approved by the Registrar-General and pays the fee prescribed under the [Real Property Act 1900](/view/html/inforce/current/act-1900-025), the Registrar-General must make in the Register kept under that Act a recording appropriate to identify— > > > > > (a) that land of which the Corporation is then the registered proprietor and that is specified in the request is, on a sale by the Corporation to a purchaser, to be held by the purchaser subject to— > > > > > > > (i) conditions specified or referred to in the request, being all or any of the conditions referred to in section 24 (1), or > > > > > > > (ii) the condition that the land may not be transferred, without a specified building or building of a specified class or description having been erected on the land, except with the consent of the Corporation, or > > > > > (b) that a recording made in accordance with paragraph (a) has ceased to have effect. > > > (2) If a recording has been made in the Register in accordance with subsection (1) (a) in respect of any land (being a recording that has not ceased to have effect) and the Corporation subsequently enters into a contract for the sale of the land, each condition to which the recording relates has effect as a condition of the contract for the sale of the land. > > > (3) A condition referred to in subsection (1) does not merge in the transfer of title to the land on completion of a sale of the land by the Corporation. > > > (4) If a recording has been made in the Register in accordance with subsection (1) (a) in respect of any land, the Registrar-General must not register under the [Real Property Act 1900](/view/html/inforce/current/act-1900-025) a transfer of the land to or by a person other than the Corporation unless— > > > > > (a) a recording in accordance with subsection (1) (b) has been made in respect of the land, or > > > > > (b) the consent of the Corporation to the transfer has been endorsed on the transfer.