Australian Capital Territory Current Acts Australian Capital Territory Current Acts(1) Where any land or interest under this Act is held by a trustee, either solely or jointly with other trustees, and—
(a) the trustee vacates his or her office and a new trustee is appointed in his or her place or the vacancy is not filled; or
(b) an additional trustee is appointed to hold the land or interest jointly with the existing trustees;
the registrar-general, upon receipt of the instrument effecting the vacancy or appointing the new or additional trustee, or of an office copy thereof, or of a copy thereof verified by affidavit, or upon production of such other evidence as the registrar-general thinks sufficient, and upon being satisfied that the vacation of office or the new or additional appointment, as the case may be, is in accordance with law, shall, subject to this Act, enter in the folio of the register for the land, a memorandum setting forth the fact of the vacation of the office or of the new or additional appointment, as the case may require.
(2) Upon the entry being made, the new trustee, the continuing trustees, or the continuing trustees and the new trustee or the additional trustee, as the case may be, shall be deemed to be the registered proprietor or proprietors of the land or interest, and as such to be subject to this Act as if he or she or they were the trustee or trustees originally registered as proprietor or proprietors of the land or interest.
(3) In this section:
"trustee" includes an assignee or trustee of a bankrupt or insolvent registered proprietor, and an executor or administrator of the estate of a deceased proprietor.