Victorian Current Acts

SETTLED LAND ACT 1958 - SECT 62

For the purpose of the last four preceding sections "consideration in money or otherwise" means—

        (a)     a capital sum of money or a rent;

        (b)     land being freehold or leasehold for any term of years whereof not less than sixty years shall be unexpired;

        (c)     any easement, right or privilege over or in relation to the settled land, or any part thereof, or any other land;

        (d)     the benefit of any restrictive covenant or condition; and

        (e)     the release of the settled land, or any part thereof, or any other land, from any easement, right or privilege, including a right of pre-emption, or from the burden of any restrictive covenant or condition affecting the same.

No. 3771 s. 63.