Document ID: chunk:federal_register_of_legislation:C2025C00105:section:142j
Version: federal_register_of_legislation:C2025C00105
Segment Type: section
Provision Reference: s 142J
Character Range: 42471–43231

142J  Restriction on right to dispose of interest in land
 (1) This section applies if:
 (a) an individual or body has acquired an interest in land; and
 (b) any of the following applies:
 (i) the interest was acquired using money granted to the individual or body by the TSRA under paragraph 142F(1)(a) or subsection 142GA(1);
 (ii) the interest was acquired from the TSRA under paragraph 142F(1)(b);
 (iii) the acquisition of the interest was financed by a loan that was guaranteed by the TSRA under section 142G.
 (2) The individual or body must not dispose of the interest without the TSRA's written consent.
 (3) If the individual or body purports to dispose of the interest without the TSRA's written consent, the purported disposition is of no effect.