Ngati Porou Claims Settlement Bill

  • enacted
120 Notice of land ceasing to be RFR land
  • (1) This section applies if land contained in a computer register is to cease being RFR land because—

    • (a) the RFR landowner is to transfer the fee simple estate in the land to—

      • (i) the trustee or its nominee (for example, under section 105); or

      • (ii) any other person (including the Crown or a Crown body) under section 100(c); or

    • (b) the RFR landowner is to transfer or vest the fee simple estate in the land to or in a person other than the Crown or a Crown body—

      • (i) under any of sections 109 to 116; or

      • (ii) under section 117(1).

    (2) The RFR landowner must, as early as practicable before the transfer or vesting, give the chief executive of LINZ notice that the land is to cease being RFR land.

    (3) The notice must—

    • (a) specify the legal description of the land; and

    • (b) identify the computer register that contains the land; and

    • (c) specify the details of the transfer or vesting of the land.