sec.74Minister may start winding up

### sec.74 Minister may start winding up The Minister, by gazette notice (the liquidation notice ), may appoint a person (the liquidator ) to wind up the affairs of a trust if— the dedication of a reserve is revoked; or a deed of grant in trust is cancelled; or a deed of grant in trust is sold by a mortgagee in possession. The Minister must— give a copy of the liquidation notice to every person who has a registered interest in the trust land; and advise every trustee lessee and trustee permittee of the trust land of their rights to remove their improvements from the trust land. s 74 amd 2007 No. 19 s 47 (sec.74-ssec.1) The Minister, by gazette notice (the liquidation notice ), may appoint a person (the liquidator ) to wind up the affairs of a trust if— the dedication of a reserve is revoked; or a deed of grant in trust is cancelled; or a deed of grant in trust is sold by a mortgagee in possession. (sec.74-ssec.2) The Minister must— give a copy of the liquidation notice to every person who has a registered interest in the trust land; and advise every trustee lessee and trustee permittee of the trust land of their rights to remove their improvements from the trust land. - (a) the dedication of a reserve is revoked; or - (b) a deed of grant in trust is cancelled; or - (c) a deed of grant in trust is sold by a mortgagee in possession. - (a) give a copy of the liquidation notice to every person who has a registered interest in the trust land; and - (b) advise every trustee lessee and trustee permittee of the trust land of their rights to remove their improvements from the trust land.