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Land Title Act 2000
124Releasing or removing profit a prendre
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124 Releasing or removing profit a prendre
(1) On an instrument being lodged releasing a profit a prendre to which
a lot is subject, the Registrar-General may register the release to
the extent shown in the instrument of release.
(2) On the instrument of release being registered, the profit a prendre
is discharged, and the lot is released from the profit a prendre, to
the extent shown in the instrument of release.
(3) The Registrar-General may remove a profit a prendre from the
indefeasible title for a lot if a request to remove the profit a prendre
is lodged and it is clearly established that:
(a) the period of time for which the profit a prendre was intended
to subsist has ended; or
(b) the event on which the profit a prendre was intended to end
has happened.