371Minister to send purchaser's Crown grant to Registrar with contract of sale

371 Minister to send purchaser's Crown grant to Registrar with contract of sale S. 371(1) amended by No. 49/2001 s. 10. (1) Upon a sale under this Part whether of the whole or of any part of the land comprised in the grant, and payment of all purchase money and fulfilment of the conditions of sale on the part of the purchaser the Minister shall direct a Crown grant of the fee-simple of the land purchased dated the date of purchase to be prepared in the name of the purchaser and sent together with the contract to the Registrar for registration. S. 371(2) amended by Nos 18/1994 s. 66(Sch. 2 item 10.3), 49/2001 s. 10. (2) The Registrar shall after receipt of the said grant and contract upon production of the Minister's receipt for the registration fee and contribution to the Assurance Fund register and deal with the grant in manner prescribed by the **Transfer of Land Act 1958** for the registration of Crown grants, and shall at the same time annex the contract to the original undelivered or unregistered grants and enrolments thereof (if any) and shall indorse and sign a memorandum on such last-mentioned grants, dated the date of such indorsement reciting the contract and sale under this Part and that the indorsed grant is cancelled as to the land comprised in the contract, and the grant to the purchaser when registered shall have the same validity as a Crown grant of the same date issued for Crown land for the first time alienated from the Crown. No. 3709 s. 327.