QLDIn ForceAct
Property Law Act 2023
sec.74Definitions for division
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### sec.74 Definitions for division
In this division—
computer means all or part of a computer, computer system or computer network and includes, for example, all external devices connected to the computer in any way or capable of communicating with each other as part of a system or network.
conveyancing transaction see the Electronic Conveyancing National Law (Queensland) , section 3 .
e-conveyance means a conveyancing transaction to be completed using e-conveyancing.
e-conveyancing means a system of land conveyancing that uses an ELN to lodge documents electronically for the purpose of land titles legislation.
electronic workspace , for an e-conveyance, means a shared electronic workspace within an ELN that allows the participating subscribers to the e-conveyance—
to lodge a document electronically under the Electronic Conveyancing National Law (Queensland) ; and
if relevant, to authorise or complete financial settlement of the e-conveyance.
ELN means an Electronic Lodgment Network under the Electronic Conveyancing National Law (Queensland) .
financial settlement , of an e-conveyance, means the exchange of value, in an ELN, between financial institutions in accordance with the instructions of participating subscribers to the e-conveyance.
land titles legislation see the Electronic Conveyancing National Law (Queensland) Act 2013 , section 6 .
participating subscriber , to an e-conveyance, means a subscriber who is involved in the e-conveyance as a party to the e-conveyance or as a representative of a party.
sale , of land, includes an exchange for value.
subscriber see the Electronic Conveyancing National Law (Queensland) , section 3 .
- (a) to lodge a document electronically under the Electronic Conveyancing National Law (Queensland) ; and
- (b) if relevant, to authorise or complete financial settlement of the e-conveyance.