Effect of grant or lease

(1) A lease or a grant issued under section 14 shall discharge the Minister and the Government of Belize from all liability in respect of the lease or grant issued, but shall not affect or prejudice the enforcement of any estate, right or interest adverse to or in derogation of the interest of the lessee and subsisting, or capable of arising, at the time of issue of the lease or grant. (2) A recital or statement in, or grant issued under section 14 that a grantee has encumbered or disposed of his interest or has purported to do so or is dead, or a recital or statement in a lease that the lessee has died intestate shall, for the purposes of the protection of the Minister and the Government of Belize, be conclusive evidence of the fact.