Form 07VA (PDF 150 KB)
Dealing type - VA
Legislation – s50(6) of the Electricity Network Assets (Authorised Transactions) Act 2015
Stamp duty - not required
Certificate of Title
Required - for addition or removal of land.
Not required - for addition or removal of lease
Standard form of Caveat - prevents registration.
Does prevent registration of a variation of lease by a mortgagee in possession.
(A) The reference to title for the land to be added/removed to/from the lease & sublease being varied must be stated.
(B) The registered number of the lease to be added/removed to/from the lease & sublease being varied must be stated. The reference to title for the lease to be added/removed to/from the lease & sublease being varied must be stated.
(D) The full name of the lessor must be stated and be identical to the name as shown on the Register.
The lessor must be:
- Alpha Distribution Ministerial Holding Corporation, or
- Electricity Transmission Ministerial Holding Corporation, or
- Epsilon Distribution Ministerial Holding Corporation
(E) The registered number of the lease or sublease being varied must be stated and must match the Lease number for the electricity network in the table below.
(F) The registered number of the sublease being varied must be stated and must match the sub lease number for the electricity network in the table below.
Electricity Network
|
Lease |
Sublease
|
Alpha Distribution Ministerial Holding Corporation
|
AK971351
|
AK971352
|
Electricity Transmission Ministerial Holding Corporation
|
AK74917
|
AK74918
|
Epsilon Distribution Ministerial Holding Corporation
|
AM475160 |
AM475161 |
(H) The variation must indicate whether it is adding or removing land to which the lease relates.
The consent of any mortgagee of the lease and/or sublease being removed is required. The full name of the mortgagee and the registered number of the mortgage must be stated. The consent must be signed by the mortgagee, their attorney, or authorised officer. The mortgage will be removed from the affected title with the removal of that title from the lease and sublease.
Note The consent of a mortgagee of the lease and sublease is not required for an addition of land to the lease and sublease.
(I) The name of the person executing on behalf of lessor must be stated. The dealing must be executed by either Treasurer of the State of New South Wales/Secretary of the Treasury as delegate of the NSW Treasurer under s. 53 of the Electricity Network Assets (Authorised Transactions) Act 2015. Execution does not require witnessing.
Staff processing information
Refer to DRD2 or SD1 for approval before acceptance.
Where the variation is removing land to which the lease relates, the dealing that brought the lease and sublease to be varied onto the title will be removed, i.e. variation of lease.
If in order proceed with registration.
Registration procedure
Addition of land by Alpha Distribution Ministerial Holding Corporation
TRANSACTION ON
PRIME CODE VAD
Addition of land by Electricity Transmission Ministerial Holding Corporation
TRANSACTION ON
PRIME CODE VET
Addition of land by Epsilon Distribution Ministerial Holding Corporation
TRANSACTION ON
PRIME CODE VED
Addition of lease by Alpha Distribution Ministerial Holding Corporation
TRANSACTION UNDR
PRIME CODE code of head lease as shown on the Register
PRIME NO. number of head lease
SUB CODE UVAD
Addition of lease by Electricity Transmission Ministerial Holding Corporation
TRANSACTION UNDR
PRIME CODE code of head lease as shown on the Register
PRIME NO. number of head lease
SUB CODE UVET
Addition of lease by Epsilon Distribution Ministerial Holding Corporation
TRANSACTION UNDR
PRIME CODE code of head lease as shown on the Register
PRIME NO. number of head lease
SUB CODE UVED
Removal of head lease and sublease
TRANSACTION OFF
PRIME CODE code of lease being varied as shown on the Register
PRIME NO. number of lease.
Note Sublease being varied will be removed with head lease.
Removal of land added by Alpha Distribution Ministerial Holding Corporation
TRANSACTION OFF
PRIME CODE VAD
Removal of land added by Electricity Transmission Ministerial Holding Corporation
TRANSACTION OFF
PRIME CODE VET
Removal of land added by Epsilon Distribution Ministerial Holding Corporation
TRANSACTION OFF
PRIME CODE VED
Removal of lease added by Alpha Distribution Ministerial Holding Corporation
TRANSACTION UNDR
PRIME CODE code of head lease as shown on the Register
SUB LEVEL NO. number of variation of lease
SUB CODE UVAD
AFFECTED NO. number of variation of lease being removed.
Removal of lease added by Electricity Transmission Ministerial Holding Corporation
TRANSACTION UNDR
PRIME CODE code of head lease as shown on the Register
SUB LEVEL NO. number of variation of lease
SUB CODE UVET
AFFECTED NO. number of variation of lease being removed.
Removal of lease added by Epsilon Distribution Ministerial Holding Corporation
TRANSACTION UNDR
PRIME CODE code of head lease as shown on the Register
SUB LEVEL NO. number of variation of lease
SUB CODE UVED
AFFECTED NO. number of variation of lease being removed.