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LAND TITLE ACT 1994 - SECT 158
Borrowing lodged or deposited instrument before registration
158 Borrowing lodged or deposited instrument before registration
(1) The registrar may permit any of the following persons to borrow an
instrument lodged or deposited in paper form before the instrument is
registered or used for the purpose for which it was deposited— (a) the
person who lodged or deposited the instrument;
(b) a person for whom the
instrument was lodged or deposited;
(c) an agent of a person mentioned in
paragraph (a) or (b) .
(2) The person must return the instrument to the land
registry within the time specified by the registrar.
(3) The registrar may
extend the time for returning the instrument.
(4) A person must not fail to
return the instrument to the land registry within the time specified or
extended by the registrar, unless the person has a reasonable excuse.
Penalty— Maximum penalty for subsection (4) —50 penalty units.
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