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Cap. 573 · Government Lands Act (Cap. 573)

Cap. 573 Art. 54The right of compensation is an immovable right.

PART IV

En vigueurTexte officiel

The right to withdraw the compensation deposited in accordance with this article and to any further compensation that may be due for the purposes of this Act (hereinafter referred to as “the compensation rights”) shall be deemed to be an immovable right by reason of the object to which it refers and shall be transferable accordingly. Any charge, hypothec or privilege which prior to the acquisition of the land by the authority, shall continue to attach to the compensation rights with the same ranking and priority as it attached to the land.