sec.93Notice to relevant registrar if land or water allocation to be distributed after appropriation to pay annuity

sec.93 Notice to relevant registrar if land or water allocation to be distributed after appropriation to pay annuity

This section applies if a trustee proposes to distribute, under section 92 (3) (b) , trust property that is land or a water allocation. The trustee must give the relevant registrar written notice that the trust property may be distributed because of an appropriation made under section 92 (2) for payment of an annuity. The relevant registrar is not required to inquire into whether the appropriated amount set aside under section 92 (2) is enough to provide for payment of the annuity. (sec.93-ssec.1) This section applies if a trustee proposes to distribute, under section 92 (3) (b) , trust property that is land or a water allocation. (sec.93-ssec.2) The trustee must give the relevant registrar written notice that the trust property may be distributed because of an appropriation made under section 92 (2) for payment of an annuity. (sec.93-ssec.3) The relevant registrar is not required to inquire into whether the appropriated amount set aside under section 92 (2) is enough to provide for payment of the annuity.