sec.389BEffect on writ of execution of transfer after sale by chief executive

### sec.389B Effect on writ of execution of transfer after sale by chief executive This section applies if— a writ of execution has been registered in relation to a lease; and the chief executive has sold the lease under chapter 5 , part 4 , division 3A , subdivision 4 . If the chief executive executes a transfer of the lease for the purposes of the sale— the registration of the writ of execution does not prevent registration of the transfer; and on registration of the transfer, the registrar of titles must cancel registration of the writ of execution. s 389B ins 2007 No. 19 s 178 amd 2021 No. 12 s 148 sch 3 (sec.389B-ssec.1) This section applies if— a writ of execution has been registered in relation to a lease; and the chief executive has sold the lease under chapter 5 , part 4 , division 3A , subdivision 4 . (sec.389B-ssec.2) If the chief executive executes a transfer of the lease for the purposes of the sale— the registration of the writ of execution does not prevent registration of the transfer; and on registration of the transfer, the registrar of titles must cancel registration of the writ of execution. - (a) a writ of execution has been registered in relation to a lease; and - (b) the chief executive has sold the lease under chapter 5 , part 4 , division 3A , subdivision 4 . - (a) the registration of the writ of execution does not prevent registration of the transfer; and - (b) on registration of the transfer, the registrar of titles must cancel registration of the writ of execution.