In this Act—
"carbon right"—see section 3A;
"Court" means the Supreme Court or the District Court;
"encumbrance" means—
(a) a
life estate or a lease; or
(b) a
mortgage, charge or encumbrance securing a monetary obligation;
"forest vegetation" means trees and other forms of forest vegetation
including—
(a)
roots or other parts of the trees or other forest vegetation that lie beneath
the soil; and
(b)
leaves, branches or other parts or products of trees or other forest
vegetation;
"forest property agreement"—see section 5;
"owner" of land means—
(a) the
owner of an estate in fee simple in the land; or
(b) a
person who holds a leasehold estate in land from the Crown;
"registered" means—
(a) in
relation to a forest property agreement relating to land alienated in fee
simple from the Crown—
(i)
if the land has been brought under the Real Property
Act 1886 —registered under that Act or noted on the certificate of
title to the land; or
(ii)
if the land has not been brought under the Real Property
Act 1886 —registered under the Registration of Deeds Act 1935
;
(b) in
relation to a forest property agreement relating to land subject to a Crown
lease—registered or noted in the Register of Crown Leases;
"relevant registration law" means—
(a) in
relation to an agreement or transaction registered (or to be registered) under
the Real Property Act 1886 —the Real Property Act 1886 ;
(b) in
relation to an agreement or transaction registered (or to be registered) under
the Registration of Deeds Act 1935 —the
Registration of Deeds Act 1935 .