Priority of applications protected by an official search with priority relating to a pending first registration application
7.—(1) Paragraph (2) has effect where, with respect to a purchase of land which is subject to a pending first registration application:
(a)the purchaser has applied for an official search with priority in relation to the pending first registration application; and
(b)the pending first registration application is subsequently completed by registration of all or any part of the land comprised in that purchase.
(2) Any entry made in the register of title to the land pursuant to an application delivered or otherwise made during the priority period of the official search shall be postponed to any entry made pursuant to a subsequent application to register the instrument effecting the purchase and, if the purchase is dependent upon a prior dealing, a subsequent application to register the instrument effecting that dealing, provided each such subsequent application:
(a)is deemed to have been delivered at the proper office within the priority period;
(b)affects the same land or charge as the postponed entry; and
(c)is in due course completed by registration.