Textual Amendments
F1Regulations revoked (E.W.) (1.4.2010 except so far as relating to the revocation in relation to W. of reg. 36 and specified words in reg. 3(3), 12.12.2014 in so far as not already in force) by The Conservation of Habitats and Species Regulations 2010 (S.I. 2010/490), regs. 1(2)(4)(b), 133(3) (with regs. 125, 134)
86.—(1) In the case of settled land in England and Wales–
(a)the tenant for life may enter into a management agreement relating to the land, or any part of it, either for consideration or gratuitously;
(b)the Settled Land Act 1925(1) shall apply as if the power conferred by sub– paragraph (a) had been conferred by that Act; and
(c)for the purposes of section 72 of that Act (which relates to the mode of giving effect to a disposition by a tenant for life and to the operation thereof), and of any other relevant statutory provision, entering into a management agreement shall be treated as a disposition.
The above provisions of this paragraph shall be construed as one with the Settled Land Act 1925.
(2) Section 28 of the Law of Property Act 1925(2) (which confers the powers of a tenant for life on trustees for sale) shall apply as if the power of a tenant for life under paragraph (1)(a) above had been conferred by the Settled Land Act 1925.
(3) A university or college to which the Universities and College Estates Act 1925(3) applies may enter into a management agreement relating to any land belonging to it in England and Wales either for consideration or gratuitously.
That Act shall apply as if the power conferred by this paragraph had been conferred by that Act.
(4) In the case of glebe land or other land belonging to an ecclesiastical benefice–
(a)the incumbent of the benefice, and
(b)in the case of land which is part of the endowment of any other ecclesiastical corporation, the corporation,
may with the consent of the Church Commissioners enter into a management agreement either for consideration or gratuitously.
The Ecclesiastical Leasing Acts shall apply as if the power conferred by this paragraph had been conferred by those Acts, except that the consent of the patron of an ecclesiastical benefice shall not be requisite.
(5) In the case of any land in Scotland, any person being–
(a)the liferenter, or
(b)the heir of entail,
in possession of the land shall have power to enter into a management agreement relating to the land or any part of it.
(6) The Trusts (Scotland) Act 1921(4) shall have effect as if among the powers conferred on trustees by section 4 of that Act (which relates to the general powers of trustees) there were included a power to enter into management agreements relating to the trust estate or any part of it.]
Commencement Information
I1Reg. 86 in force at 30.10.1994, see reg. 1(2)