Part 4 Notices and restrictions

Restrictions

40 Nature

1

A restriction is an entry in the register regulating the circumstances in which a disposition of a registered estate or charge may be the subject of an entry in the register.

2

A restriction may, in particular—

a

prohibit the making of an entry in respect of any disposition, or a disposition of a kind specified in the restriction;

b

prohibit the making of an entry—

i

indefinitely,

ii

for a period specified in the restriction, or

iii

until the occurrence of an event so specified.

3

Without prejudice to the generality of subsection (2)(b)(iii), the events which may be specified include—

a

the giving of notice,

b

the obtaining of consent, and

c

the making of an order by the court or registrar.

4

The entry of a restriction is to be made in relation to the registered estate or charge to which it relates.