Transfer of lease

(1) Subject to sub-section (2), a lease of registered land, or any estate or interest therein, may be transferred by a deed of 37 transfer in the prescribed form, and the noting thereof by the Registrar on the certificate of title to the land affected thereby. (2) Nothing in this section shall authorise the transfer of a lease of registered land for ten years and upwards otherwise than by a transfer in accordance with Part III and the issue of a certificate of title therefor.