7Conveyance to soldier or dependent

7 Conveyance to soldier or dependent

7 Conveyance to soldier or dependent

(1) When a Voluntary Workers’ Association has constructed buildings and effected improvements on any such portion it shall give to the Public Trustee particulars of the materials used therein and its estimate of their value. The Public Trustee shall, at the request of such association or, where the Public Trustee is satisfied that the association has disbanded or ceased to function, at the request of the Minister, convey such portion with all buildings and improvements thereon to the member of the forces or dependent named by such association, or by the Minister, when making the request, on such terms and conditions as the Public Trustee considers desirable.

(2) Such member or dependent shall thereupon execute a mortgage of such portion to the Public Trustee, or to any person named by the Public Trustee, to secure the payment by instalments of the value of the materials used for buildings and improvements thereon as aforesaid; such value to be fixed by the Public Trustee.

(3) The Public Trustee or other person to whom such mortgage has been given shall apply so much of the money thereby secured as is equivalent to the value of the materials aforesaid to repay the moneys borrowed by the Public Trustee under section four.

(4) Neither the Registrar-General nor any other person registering or certifying or investigating title shall be concerned to inquire, in relation to any land expressed to be transferred by the Public Trustee pursuant to this section:

(a) whether any request was made under subsection (1), or

(b) whether the person to whom the land was transferred was the person named under that subsection.

s 7: Am 1974 No 27, sec 2 (a).