SCHEDULES

SCHEDULE 2 Provisions relating to carrying out of approved scheme of reorganisation

Part II Other provisions

Land registration

E153

1

This paragraph applies where any land in England and Wales which is not registered land is transferred by virtue of section 11 above.

2

Unless the transferee, or his successor in title or assign, has before the end of six months from the date of the transfer applied to be registered as proprietor of the land, section 11 above shall be deemed never to have had effect to transfer the legal estate in the land.

F13

The Chief Land Registrar may, if satisfied on the application of any interested person that there is good reason for doing so, make an order extending or further extending the period mentioned in sub-paragraph (2); and if he does so at a time when that sub-paragraph has operated to negative the transfer effected by section 11 above, it shall be taken not to have so operated.

4

Any rules made by virtue of F2section 123A(10)(a) of the Land Registration Act 1925 shall—

a

apply to dealings with the land which may take place between the date of the transfer and the date of the application to register as if the land had been the subject of a conveyance or assignment on the date of the transfer, and

b

apply in relation to an application for registration under this paragraph as they apply in relation to an application for registration under F3section 123A of that Act.

5

On an application for first registration under this paragraph, the applicant shall supply to the Chief Land Registrar such information and produce to him such documents as he may require for the purpose of enabling him to deal with the application.

6

In this paragraph, “registered land” has the same meaning as in the M1Land Registration Act 1925.

E253

1

This paragraph applies where any land in England and Wales which is not registered land is transferred by virtue of section 11 above.

2

Unless the transferee, or his successor in title or assign, has before the end of six months from the date of the transfer applied to be registered as proprietor of the land, section 11 above shall be deemed never to have had effect to transfer the legal estate in the land.

3

The power conferred by the proviso to section 123(1) of the Land Registration Act 1925 (power of Chief Land Registrar, or court on appeal from him, to extend the period within which an application for first registration must be made) shall also apply in relation to the period mentioned in sub-paragraph (2) above.

4

Any rules made by virtue of section 123(2) of the Land Registration Act 1925 shall—

a

apply to dealings with the land which may take place between the date of the transfer and the date of the application to register as if the land had been the subject of a conveyance or assignment on the date of the transfer, and

b

apply in relation to an application for registration under this paragraph as they apply in relation to an application for registration under section 123 of that Act.

5

On an application for first registration under this paragraph, the applicant shall supply to the Chief Land Registrar such information and produce to him such documents as he may require for the purpose of enabling him to deal with the application.

6

In this paragraph, “registered land” has the same meaning as in the M2Land Registration Act 1925.