Western Australian Current Acts

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PROPERTY LAW ACT 1969 - SECT 56

56 .         Restriction on consolidation of mortgages

        (1)         A mortgagor seeking to redeem any one mortgage is entitled to do so without paying any money due under any separate mortgage made by him, or by any person through whom he claims, on property other than that comprised in the mortgage that he seeks to redeem.

        (2)         This section has effect notwithstanding any stipulation to the contrary.

        (3)         This section applies only where the mortgages or one of them are or is made after the coming into operation of this Act.



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