Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts102. (1) Section 25 of the Principal Act is repealed and the following section substituted:
“25. Where the Executive grants further leases under section 171, 171A or 172 of the Land (Planning and Environment) Act 1991 of the units and the common property forming part of a registered units plan, upon lodgment of the instruments granting the leases, the Registrar-General shall—
(a) register the instruments; and
(b) endorse on the units plan such memorials as are necessary to show that the further leases have been granted, and the date of expiry of the term of the further leases.”.
(2) If, immediately before the commencement day, an instrument had been executed under section 108 of the Unit Titles Act 1970 extending the term of the leases of the units and common property under a units plan, but the instrument had not been registered under section 25 of the Principal Act, section 25 of the Principal Act as in force immediately before that day continues to apply in relation to the instrument as if this Act had not been passed.