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iTaukei Land Trust (Budget Amendment) Act 2021

REPUBLIC OF FIJI

iTAUKEI LAND TRUST (BUDGET AMENDMENT) ACT 2021

ACT NO. 22 OF 2021

I assent.

J. K. KONROTE
President
[30 July 2021]

AN ACT

TO AMEND THE ITAUKEI LAND TRUST ACT 1940

ENACTED by the Parliament of the Republic of Fiji -

Short title and commencement

1. - (1) This Act may be cited as the iTaukei Land Trust (Budget Amendment) Act 2021.

(2) This Act comes into force on 1 August 2021.

Section 12 amended

2. Section 12 of the iTaukei Land Trust Act 1940 is amended by -

(a) after subsection (1), inserting the following new subsection -

• "(1A) Notwithstanding anything contained in subsection (1), consent of the Board is not required for any mortgage, charge, pledge, caveat or for any such lease to be dealt with by any court of law or under the process of any court of law.";

(b) after subsection (2), inserting the following new subsection -

• "(3) For the purposes of this section, any such consent shall only be refused where there is a breach of any lease condition or where such application to deal with the land is not in accordance with any law.".
  

Passed by the Parliament of the Republic of Fiji this 30th day of July 2021.