Acts and Regulations

2013, c.7 - Electricity Act

Section 50.3
Disposition versions

Full text
Real Property
2021, c.42, s.28
50.3(1)The following definitions apply in this section.
“approved parcel identifier” means an approved parcel identifier as defined in the Land Titles Act.(numéro d’identification approuvé)
“Chief Registrar of Deeds” means the Chief Registrar of Deeds appointed under the Registry Act.(conservateur en chef des titres de propriété)
“instrument record” means instrument record as defined in the Land Titles Act.(registre des instruments)
“land titles office” means a land titles office as defined in the Land Titles Act.(bureau d’enregistrement foncier)
“register” (enregistrer)
(a) in paragraph (4)(a), means register as defined in the Land Titles Act, and
(b) in paragraph (4)(b), means register within the meaning of the Registry Act.
“registered land” means registered land as defined in the Land Titles Act.(bien-fonds enregistré)
“registered owner” means registered owner as defined in the Land Titles Act.(propriétaire enregistré)
“registrar” (registrateur)
(a) in paragraph (4)(a), means registrar as defined in the Land Titles Act, and
(b) in paragraph (4)(b), means registrar as defined in the Registry Act.
“Registrar General” means the Registrar General as defined in the Land Titles Act.(registrateur général)
50.3(2)If a transfer order provides for the transfer of real property, the Corporation shall file a notice in a land titles office for the District of New Brunswick and in the registry office established under the Registry Act for each county in the Province that indicates that
(a) a transfer and vesting of real property under the order has occurred, and
(b) all title and interests in the real property that was transferred to the transferee under the order are now held in the name of the transferee.
50.3(3)The notice referred to in subsection (2)
(a) shall be deemed to be an instrument for the purposes of the Land Titles Act and the Registry Act, and
(b) shall be in a form acceptable to the Registrar General and the Chief Registrar of Deeds.
50.3(4)On receipt of the notice referred to in subsection (2),
(a) the registrar shall, despite section 18 of the Land Titles Act and despite any failure of the Corporation to comply with any provision of the Land Titles Act or any regulation under that Act,
(i) identify all the approved parcel identifiers associated with the registered land indicated in the notice,
(ii) assign a registration number, date and time to the notice and enter a record of the notice, date, time and number in the instrument record,
(iii) enter a record of the acceptance of the notice for registration in the instrument record,
(iv) register the notice in respect of the registered land represented by the approved parcel identifiers referred to in subparagraph (i), and
(v) issue new certificates of registered ownership to the transferee in respect of all registered land with respect to which it is the registered owner or holds a registered leasehold interest, and
(b) despite any failure of the Corporation to comply with any provision of the Registry Act or any regulation under that Act, the registrar for each county in the Province shall register the notice.
50.3(5)Section 55 of the Land Titles Act and section 44 of the Registry Act do not apply to the registration of the notice referred to in subsection (2).
50.3(6)No claim shall be made and no action or other proceeding lies or shall be instituted against the Minister, the Crown or the Corporation by reason of any prejudice suffered as a result of any delay in filing a notice under subsection (2).
2021, c.42, s.28