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Public Trustee Act 1979
93Certain covenants void
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93 Certain covenants void
A covenant or stipulation in a mortgage whereby the money
secured by the mortgage shall become due and payable, or any
power of sale or entry into possession shall become exercisable, in
the event of the Public Trustee becoming entitled in any capacity to
administer the estate under the control of the Public Trustee, or any
other covenant, stipulation or condition adversely affecting, or
tending to affect adversely, the estate or interest of the mortgagor in
the event of the Public Trustee so becoming entitled to administer
the estate of the mortgagor, shall be null and void.