Part VII E+W Rectification of Register and Indemnity

84 Application of indemnity in case of settled land.F1 E+W

Where any indemnity is paid in respect of settled land, and not in respect of any particular estate, remainder, or reversion therein, the money shall be paid to the trustees of the settlement and held by them as capital money for the purposes of the M1 Settled Land Act 1925, arising from the settled land.

Marginal Citations

M1 1925 c. 18 (98:3).

Textual Amendments applied to the whole legislation

F1 Act repealed (prosp.) by Land Registration Act 2002 (c. 9), ss. 135, 136(2), Sch. 13 (with s. 129, Sch. 12)