§ 172 — Rules

172.—(1) Subject to subsection (2), the Authority, with the approval of the Minister, may make rules not inconsistent with this Act prescribing all matters which are required or permitted to be prescribed, or which are necessary or convenient to be prescribed, for carrying out or giving effect to this Act and, in particular, the Authority, with the approval of the Minister, may make rules —(a)

prescribing standard covenants and conditions for mortgages limited to the rights and obligations over the mortgaged property; and

(b)

prescribing the fees to be taken in the Land Titles Registry for any matter or thing done therein under this or any other Act (including any fees that may be required to be borne by solicitors themselves relating to additional work done by the Registry in relation to instruments lodged and rejected and fresh instruments or amended instruments lodged after such date of rejection), and when and by whom such fees may be dispensed with or remitted.

(2) The Authority may make rules regulating the practice of the Land Titles Registry in relation to matters arising under this Act.

(3) All rules made under this Act must be presented to Parliament as soon as possible after publication in the Gazette.

—(1) Subject to subsection (2), the Authority, with the approval of the Minister, may make rules not inconsistent with this Act prescribing all matters which are required or permitted to be prescribed, or which are necessary or convenient to be prescribed, for carrying out or giving effect to this Act and, in particular, the Authority, with the approval of the Minister, may make rules —(a)

prescribing standard covenants and conditions for mortgages limited to the rights and obligations over the mortgaged property; and

(b)

prescribing the fees to be taken in the Land Titles Registry for any matter or thing done therein under this or any other Act (including any fees that may be required to be borne by solicitors themselves relating to additional work done by the Registry in relation to instruments lodged and rejected and fresh instruments or amended instruments lodged after such date of rejection), and when and by whom such fees may be dispensed with or remitted.

(2) The Authority may make rules regulating the practice of the Land Titles Registry in relation to matters arising under this Act.

(3) All rules made under this Act must be presented to Parliament as soon as possible after publication in the Gazette.