(1) In granting to the person so entitled any land under section 105 or section 106, the Minister or local authority may enter into an agreement with that person for the repayment to the Crown or the local authority of any money agreed to be due by way of equality of exchange on such terms and conditions (including interest) as may be agreed upon by the notifying authority and that person.
(2) If no agreement can be reached under subsection (1) in respect of land to be granted under section 105, as to the amount due by way of equality of exchange or as to the terms and conditions of repayment of any money due, the Minister or the local authority, or the person to whom the land is proposed to be granted, may apply to the Land Valuation Tribunal to fix the value of the property proposed to be so granted or the value of the land taken or acquired, or both, or to determine the terms and conditions of repayment.
(3) Every application under subsection (2) shall be made in accordance with Part 5 as if the application were a claim for compensation under that Part; and the said Part 5 shall, with the necessary modifications, apply in respect of every such application accordingly.
(4) Any money agreed under subsection (1) to be so due, or fixed by the Tribunal under subsection (2), shall constitute a debt due to the Crown or the local authority and shall be a charge on the estate or interest in the land so granted to that person, and an instrument of charge may be registered against that land under the provisions of the Statutory Land Charges Registration Act 1928.
(5) Except with the consent of the chief executive of the department within the meaning of the Survey Act 1986 or General Manager of Railways (where the money is due to the Crown) or the local authority (where the money is due to the local authority), no dealing in connection with any such estate or interest (other than a dealing which is not required to be executed by the registered proprietor) shall be registered while a charge under subsection (4) is registered against the land.
(6) For the purposes of the Statutory Land Charges Registration Act 1928, notice of any charge under subsection (4) and any certificate releasing any such charge, and any consent under subsection (5), may be signed by the chief executive of the department within the meaning of the Survey Act 1986 or the General Manager of Railways, or local authority, as the case may require.
(7) On completion of such surveys (if any) as may be necessary, there shall be registered in the office of the District Land Registrar a certificate by the Minister, Minister of Railways, or the local authority, as the case may require, in the form set out in Schedule 5.
(8) If a certificate of title for the land has not been issued, the certificate issued under this section by the Minister or Minister of Railways shall have the same effect as a warrant issued under the hand of the Governor-General in accordance with section 12 of the Land Transfer Act 1952 and shall be deemed to be such a warrant; and the District Land Registrar shall without fee issue a certificate of title for the land in form 1 of Schedule 1 of that Act.
(8A) If a certificate of title for the land has been issued, the certificate issued under this section by the Minister or Minister of Railways shall be deemed to be a memorandum of transfer of the land described in it from the Crown to the person to whom the land is granted; and the District Land Registrar shall register it without fee.
(9) Every certificate issued under this section by a local authority shall be deemed to be a memorandum of transfer of the land described in it from the local authority to the person to whom the land is granted; and the District Land Registrar shall register it without fee.
(9A) Subject to subsection (9C), any certificate issued under this section may contain a recital that the land to which the certificate relates shall be amalgamated with any other land in an existing certificate of title; and that recital shall be sufficient authority to the District Land Registrar to amend such certificate of title accordingly, without fee. On such amendment the land granted shall become subject to and, where applicable, receive the benefit of, all encumbrances, easements, and other interests noted on the certificate of title.
(9B) Where any land is so amalgamated, the District Land Registrar may, if he thinks fit, dispense with any survey that would otherwise be required for the purposes of the issue of a certificate of title under this section, and may issue a certificate of title limited as to parcels.
(9C) Before including a recital in a certificate under subsection (9A), the Minister, Minister of Railways, or local authority, as the case may be, shall consult with the District Land Registrar as to whether or not it is practicable to amalgamate the land in an existing certificate of title and, if the District Land Registrar advises that it is not practicable to do so, no such recital shall be included in the certificate.
(10) If the Chief Surveyor considers it necessary or expedient or if in any case the District Land Registrar so requests, before any land is granted to any person under this section the Chief Surveyor shall allocate a new description to the land, and shall forward to the District Land Registrar a copy of the description, and the Registrar shall amend his records accordingly.
(11) The land comprised in any certificate of title issued pursuant to any certificate issued under subsection (8), shall, if not already subject to the Land Transfer Act 1952, become subject to that Act as from the date fixed by the last-mentioned certificate as the date of acquisition of title to it, and that date shall for all purposes whatever be deemed the ante-vesting date in the same manner as if the ante-vesting date had been inserted in a Crown grant of the land.
(14) Where any land acquired under this Act is subject to or has the benefit of any encumbrance, lien, or interest, and land is to be granted in exchange under this section, any certificate of title issued under this section, with the consent of the person to whom the land is to be granted, may show that the land to which the certificate relates is to be subject to or is to have the benefit of any such encumbrance, lien, or interest that is specified in the certificate.
(15) Every instrument creating or evidencing or affecting any such encumbrance, lien, or interest, and all covenants and other provisions expressed or implied therein, shall be construed as if the land for which the certificate of title is issued were the land, or (as the case may be) part of the land, to which the instrument relates.
(16) On the issue of any such certificate of title so subject to any registered encumbrance, lien, or interest, the District Land Registrar shall enter in the appropriate register, and record on any relevant instrument, memorials showing that the land is affected by subsections (14) and (15) and the certificate.
(17) Where any land subject to any reservation or restriction is taken or acquired under this Act and land is to be granted under this section, the land so granted shall, unless the Minister or the Minister of Railways or the local authority otherwise directs, be issued subject to that reservation or restriction.
(18) Every certificate issued under this section shall be conclusive evidence to the District Land Registrar of the matters required or permitted by this section to be therein stated, and that all consents required under this section have been obtained.
(19) Within 1 month after the registration of a certificate under this section, the grantor shall give to the Chief Surveyor written notice of the registration and of the full name, address, and occupation of the grantee.
Compare: 1928 No 21 ss 99, 101H(5)–(10); 1976 No 165 s 4
Section 107(5): amended, on 1 July 1996, by section 5 of the Survey Amendment Act 1996 (1996 No 55).
Section 107(6): amended, on 1 July 1996, by section 5 of the Survey Amendment Act 1996 (1996 No 55).
Section 107(7): amended, on 16 December 1983, by section 4(1) of the Public Works Amendment Act 1983 (1983 No 150).
Section 107(8): amended, on 16 December 1983, by section 4(2) of the Public Works Amendment Act 1983 (1983 No 150).
Section 107(8A): inserted, on 16 December 1983, by section 4(3) of the Public Works Amendment Act 1983 (1983 No 150).
Section 107(9A): inserted, on 16 December 1983, by section 4(4) of the Public Works Amendment Act 1983 (1983 No 150).
Section 107(9B): inserted, on 16 December 1983, by section 4(4) of the Public Works Amendment Act 1983 (1983 No 150).
Section 107(9C): inserted, on 16 December 1983, by section 4(4) of the Public Works Amendment Act 1983 (1983 No 150).
Section 107(10): amended, on 16 December 1983, by section 4(5) of the Public Works Amendment Act 1983 (1983 No 150).
Section 107(12): repealed, on 16 December 1983, by section 4(6) of the Public Works Amendment Act 1983 (1983 No 150).
Section 107(13): repealed, on 16 December 1983, by section 4(6) of the Public Works Amendment Act 1983 (1983 No 150).
Section 107(14): substituted, on 16 December 1983, by section 4(7) of the Public Works Amendment Act 1983 (1983 No 150).
Section 107(19): added, on 16 December 1983, by section 4(8) of the Public Works Amendment Act 1983 (1983 No 150).