Section 23: Mode of sale of immovable property
consolidated text (as at 1994, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
23. Mode of sale of immovable property
(1) Where the value of any immovable property vested in the Curator, as
determined by an appraiser appointed by the Attorney-General, does not exceed
the prescribed amount, the Curator may sell the property by notarial deed at
a price which shall not be less than the value determined by the appraiser.
(2) Where the value of any property vested in the Curator, as determined
by an appraiser appointed by the Attorney-General, exceeds the prescribed
amount, it shall be sold in accordance with Sub-Part VIII of Part I of the Sale
of Immovable Property Act.
(3) Notwithstanding subsections (1) and (2), the Curator may, by notarial
deed, sell any immovable property vested in him to Government or to any
statutory body at a price to be determined by an appraiser appointed by the
Attorney-General.
(4) In this section—
“prescribed amount” means such sum as the Attorney-General may, by
regulations, determine.
[S. 23 amended by Act 7 of 1989.]