60—Registration of environment performance agreements in relation to
land
(1) Subject to this
section, where an environment performance agreement under this Part relates to
land, a party to the agreement may, if the agreement so provides, lodge a copy
of the agreement with the Registrar-General, and, in that event, the
Registrar-General must register the agreement in relation to the land by
making such entries in any register book, memorial or other book or record in
the Lands Titles Registration Office or in the General Registry Office as he
or she thinks fit.
(2) An
environment performance agreement may not be registered under this section in
relation to land except with the consent of all persons (not being party to
the agreement) who have a registered interest in or caveat over the land.
(3) While an
environment performance agreement remains registered under this section in
relation to land, the agreement is binding on each owner and occupier from
time to time of the land as if the owner or occupier were a party to the
agreement.
(4) While an
environment performance agreement remains registered under this section in
relation to land, an owner or occupier of the land who ceases to own or occupy
the land must notify the Authority in writing of the name and address of the
new owner or occupier.
Maximum penalty: $4 000.
(5) On the termination
of an environment performance agreement that is registered under this section
in relation to land, the Authority must lodge with the Registrar-General a
document executed by the Authority certifying as to the termination of the
agreement and, in that event, the Registrar-General must cancel the
registration of the agreement and make such endorsements to that effect in the
appropriate register book, memorial or other book or record in respect of the
land as he or she thinks fit.