Western Australian Consolidated Acts Western Australian Consolidated Acts (1) An absolute caveat
or a subject to claim caveat ceases to have effect upon —
(a) the
direction of a warden for the removal of the caveat; or
(b) the
withdrawal of the caveat by the caveator or an agent of the caveator; or
(c) the
expiry of a period of 14 days after notification that —
(i)
in the case of an absolute caveat, application has been
made for the registration of a dealing or surrender affecting the subject
matter of the caveat; or
(ii)
in the case of a subject to claim caveat, application has
been made for the registration of a dealing or surrender affecting the subject
matter of the caveat that is not expressed to be subject to the interest
claimed by the caveator,
has been sent by or on
behalf of the Minister by certified mail to the caveator at the address for
service given in the caveat, unless within that period a warden otherwise
directs.
(2) A consent caveat
ceases to have effect upon —
(a) the
direction of a warden for the removal of the caveat; or
(b) the
withdrawal of the caveat by consent of the parties to the agreement; or
(c) the
expiry of the period of time, if any, specified in the agreement.
(3) If a caveat ceases
to have effect under this section a memorial to that effect is to be entered
in the register.
(4) In
subsection (2) —
agreement means the agreement referred to in
section 122A(2).
[Section 122E inserted by No. 54 of 1996
s. 18 (as amended by No. 39 of 2004 s. 104(d)-(f)).]