Radiocommunications Act 1989

Acquisitions by operation of law, caveats - Caveats

94: Lapse of caveat against dealings

You could also call this:

"What happens when a caveat to stop dealings lapses"

Illustration for Radiocommunications Act 1989

You put a caveat on something to stop it being dealt with. If someone wants to register something that affects the management rights or spectrum licence you have a caveat on, you get a notice. The caveat will lapse after 10 working days unless you take action. You can stop the caveat lapsing if you apply to the High Court for an order to the contrary within 10 working days. The High Court must make this order and you must serve it on the Registrar within 20 more working days. This order will stop the caveat lapsing as to the management rights or spectrum licence. The rules about caveats are covered in the Radiocommunications Act 1989, which was amended by the Radiocommunications Amendment Act 2000. You can find more information about this in the legislation. The legislation is available on the legislation.govt.nz website.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM197166.

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Part 10Acquisitions by operation of law, caveats
Caveats

94Lapse of caveat against dealings

  1. Every caveat shall, upon the expiry of 10 working days after notice is given to the caveator that application has been made for the registration of any instrument affecting the management rights or spectrum licence protected by the caveat, be deemed to have lapsed as to those management rights or that spectrum licence, or so much of those management rights or that spectrum licence as is referred to in the notice, unless—

  2. before the expiry of the 10 working days, notice is given to the Registrar that application for an order to the contrary has been made to the High Court; and
    1. such an order is made and served on the Registrar within a further period of 20 working days.
      Notes
      • Section 94: amended, on , by section 54 of the Radiocommunications Amendment Act 2000 (2000 No 8).