F1 SCHEDULES
C1C2SCHEDULE 10 Transfers under Sections 66 and 67
Sch. 10 applied (with modifications) (16.5.2001) by 2000 c. 27, s. 108, Sch. 7 para. 7; S.I. 2001/1781, art. 2, Sch. (subject to transitional provisions in arts. 3-10)
Proof of title by certificate
6
1
Where two or more transfers are effected in pursuance of a transfer scheme, a certificate issued by either or any of the transferees (“transferee A”) with the concurrence of the other or others of them that—
a
any property specified in the certificate;
b
any such interest in or right over any such property as may be so specified; or
c
any right or liability so specified,
is by virtue of this Act for the time being vested in transferee A shall be conclusive evidence for all purposes of that fact, and shall constitute a link of title for the purposes of section 5(1) of the M1Conveyancing (Scotland) Act 1924 (deduction of title).
2
If, on the expiration of one month after a request from either or any of the transferees (“transferee A”) for the other or one of the others of them (“transferee B”) to concur in the issue of such a certificate, transferee B has failed so to concur—
a
transferee A may refer the matter to the Secretary of State; and
b
the Secretary of State may direct transferee B to concur in the issue of a certificate prepared in such terms as are specified in the direction.
Sch. 10 applied (with modifications) (8.11.1995) by 1995 c. 25, ss. 17(1), 18(2)(c), Sch. 5 Pt. I paras. 1, 7(1)