Section 128

Upon the issue of a qualified certificate of title for the land under section 125, the provisions of the Land Titles Act relating to a qualified certificate of title, except section 21(1), (2) and (5) of that Act, shall apply to the land comprised therein.

Upon the issue of the subsidiary strata certificates of title for the flats under section 125, 126 or 127, all the provisions of the leases of the flats registered under the provisions of the Registration of Deeds Act (Cap. 269) and the Land Titles Act shall cease to apply to the flats except in respect of any terms, covenants and conditions which were subsisting prior to the date of the issue of the subsidiary strata certificates of title in so far as they relate to any obligations which have yet to be fulfilled or any cause of action which had arisen as between the registered proprietors of the flats themselves and as between the registered proprietors of the flats and the registered proprietors of the land on which the flats are erected.