Land Transfer Act 2017

Dealings in estates and interests in land - Statutory land charges

119: Priority of charge

You could also call this:

"What happens when two or more charges are competing for first place"

Illustration for Land Transfer Act 2017

When you register a charge under this part of the law, its priority is decided according to the Land Transfer Act 2017. You need to remember that other laws can also affect the priority of a charge. The priority of a charge is determined by this Act, unless another Act says otherwise.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6731271.

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118: Registration of charge, or

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Part 3Dealings in estates and interests in land
Statutory land charges

119Priority of charge

  1. The priority of a charge registered under this subpart is determined in accordance with this Act.

  2. Subsection (1) is subject to any other Act under which the priority of a charge is determined.

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