REGISTRATION OF DEEDS RULES

3.35 p.m.

The Minister for Law and National Development (Mr E. W. Barker): Mr Speaker, Sir, I beg to move,

That this Parliament, pursuant to subsection (2) of section 29 of the Registration of Deeds Ordinance (Chapter 255), resolves that the Registration of Deeds (Amendment) Rules, 1968, published as Notification No. S 121 in the Gazette Subsidiary Legislation Supplement No. 35 of 10th May, 1968, as contained in Paper S.L. 25 of 1968, be approved.

Sir, the present fees payable to the Registry of Deeds under the Registration of Deeds Rules, 1934, have remained static for the last 10 years. A review of the position shows that the administrative cost of operating the Registry exceeds the revenue derived. It is, therefore, necessary to revise the fees to cover the administrative cost of maintaining the necessary personnel and machinery for the purpose of benefiting landowners.

Sir, I beg to move.

Question put, and agreed to.

Resolved,

That this Parliament, pursuant to subsection (2) of section 29 of the Registration of Deeds Ordinance (Chapter 255), resolves that the Registration of Deeds (Amendment) Rules, 1968, published as Notification No. S 121 in the Gazette Subsidiary Legislation Supplement No. 35 of 10th May, 1968, as contained in Paper S.L. 25 of 1968, be approved.