Commonwealth Numbered Acts

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LANDS ACQUISITION ACT 1989 No. 15 of 1989 - SECT 66

Particulars of mortgages may be required
66. (1) The Minister may, by written notice require a person from whom an
interest in land, other than a mortgage interest, has been acquired by
compulsory process, to provide the Minister with the following particulars:

   (a)  whether the interest was, immediately before the acquisition, subject
        to any mortgages;

   (b)  in relation to each mortgage (if any) to which the interest was,
        immediately before its acquisition, subject:

        (i)    the name and address of the mortgagee;

        (ii)   the amount of principal secured by the mortgage at the time of
               the acquisition of the interest; and

        (iii)  the amount of interest, costs and charges due under the
               mortgage at that time.

(2) If the person fails to provide the Minister with the particulars within 30
days after the giving of the notice, or such further period as the Minister,
by writing, allows, the Minister may agree with any person claiming to be a
mortgagee of the interest in land as to the amounts due under the mortgage and
the first-mentioned person is debarred from disputing the correctness of any
amounts so agreed. 


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