- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
(1)In section 70(1) of the 1925 Act (the list of overriding interests) the following shall be substituted for paragraph (k) (leases for 21 years or less granted at a rent without taking a fine)—
“(k)Leases granted for a term not exceeding twenty-one years;”.
(2)In sections 18(3) and 21(3) of the 1925 Act (powers of disposition of registered freeholds and leaseholds: lease to take effect notwithstanding caution, restriction, etc.) the words " at a rent without taking a fine " shall be omitted.
(3)In sections 19(2) and 22(2) of the 1925 Act (dispositions to be completed by registration) in paragraph (a) the words " if it is granted at a rent without taking a fine " shall be omitted.
(4)Where a lease granted before the commencement of this Act was not an overriding interest because it was not granted at a rent or without taking a fine, the amendment made by subsection (1) above applies in relation to it only if the land was subject to it immediately before that commencement.
(5)The amendments made by subsections (2) and (3) above apply only in relation to dispositions after the commencement of this Act.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: