SCHEDULE 10 Transfers under Sections 66 and 67
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.