D-17 - Land Transfer Duties Act

Section 32 Disposition versions

1994-06-17

32. The transferee shall not be permitted to defer payment of the duties unless

(a)  the application for registration of a transfer contemplated in section 17 contains the following particulars:

i.  the undertaking contemplated in section 29 or the statement contemplated in section 30 or 31;

ii.  a stipulation of hypothec on the land, by the transferee in favour of the Minister, for the amount of the duties of which payment is deferred; and

(b)  the stipulation of hypothec referred to in subparagraph ii of paragraph a is published.

1976, c. 23, s. 32; 1994, c. 22, s. 14.

1977-12-31

32. The transferee shall not be permitted to defer payment of the duties unless the deed of transfer contemplated in section 17 is registered and contains the following particulars:

(a)  the undertaking contemplated in section 29 or the statement contemplated in section 30 or 31; and

(b)  a stipulation of hypothec on the land, by the transferee in favour of the Minister, for the amount of the duties of which payment is deferred.

1976, c. 23, s. 32.