2 Purchase of lands etc.U.K.
(1)The power to purchase lands conferred by section 7 of the M1Duchy of Cornwall Management Act 1863 is hereby extended, and shall authorise the purchase of a term of years in any land in England or Wales (including a term in reversion) whether or not the fee simple is parcel of the possessions of the Duchy of Cornwall; and in the said section 7, the words “the Freehold of which shall be Parcel of the Possessions of the Duchy of Cornwall” are accordingly repealed.
(2)Any interest in the proceeds of sale of land is to be treated as if it were land for the purposes of the said section 7.
Marginal Citations