Long Title |
The purpose of this Bill is to amend the Transfer of Land Act 1893 to provide for the registration of carbon rights under the Carbon Rights Bill 2002; carbon covenants entered into under the Carbon Rights Bill 2002; and tree plantation agreements entered into under the Tree Plantation Agreements Bill 2002. The ability to register these things will remove the risk that a court might find, in the event of a dispute between the parties, that despite a person's investment in the right, covenant or plantation, the right, or the trees, belonged to the landholder. |