26. No lot sold or otherwise granted for colonization purposes from the 1st of July, 1909 to the 19th of March, 1921, inclusive, may, for five years counting from the date of the location ticket, be sold by the holder of the location ticket, nor otherwise alienated, wholly or partly, except by donation inter vivos, or by will, in the direct line ascending or descending or in the collateral line, or by abintestate succcession or by donation in a marriage contract, or by will in favour of a consort; and, in such cases, the donee, legatee or heir shall be subject to the same prohibition as the original acquirer.
Nevertheless, any other transfer made after the 1st of July, 1909, during the five years counting from the date of the location ticket, shall be valid if it has previously been authorized by the Minister on proof, to his satisfaction, that such transfer is in the interest of colonization; the new acquirer shall be subject to the same prohibition as the original acquirer.
Every transfer made in contravention of this section shall be null ab initio as between the parties, and shall entail the cancellation of the sale or grant of the lot.
The prohibition in this section shall not apply from and after the date of the issue of the letters patent, when they are issued before the expiration of the five years.
R. S. 1964, c. 102, s. 26.