Cap. 16 · Civil Code (Cap. 16)
Cap. 16 Art. 495BTransitory provision in respect of articles 495 and 495A and obligation to register under the Land Registration Act.
Sub-title I
(1) The period of three years stipulated in articles 495(3) and 495A(1) shall apply in respect of all co-owned property to which the said sub-articles apply which on or after the 1st April
2016 shall have been held in common by the co-owners thereof for a period of at least three years.
(2) The periods of ten years previously provided for in articles
495(3) and 495A(1) (prior to their amendment) and of five years previously provided for in article 495B (prior to its substitution)
respectively and as in force prior to the 1st April 2016 shall no longer apply as from the 1st April 2016.
(3) Immovable property transferred on the basis of a court decision given under article 494(1) and not being situated within a land registration area for the purposes of the Land Registration Act shall, notwithstanding the provisions of any other law, be deemed to constitute a land registration area for the purposes of the said Act and it shall be registered in the Land Registry by the Notary who publishes the deed of transfer at the expense of the transferee.
Amendment history
- Amended by XIV.2016.4