F1SCHEDULE 1ALand transactions: overseas entities

Annotations:
Amendments (Textual)

6Case where Keeper must reject voluntary application

1

This paragraph applies where—

a

an application is made under section 27, and

b

if the application is accepted by the Keeper, the name of an overseas entity would be entered as proprietor in the proprietorship section of the title sheet of a registered plot of land.

2

The Keeper must reject the application unless the overseas entity is—

a

a registered overseas entity, or

b

an exempt overseas entity.