This Order, which supersedes the Land Registration Fees Order 19934, may be cited as the Land Registration Fees Order 1994 and shall come into force on 3rd October 1994.

In this Order unless the context otherwise requires:

• “account holder” means a person or firm holding a credit account;

• “the Act” means the Land Registration Act 1925;

• “charge” includes sub-charge;

• “credit account” means an account authorised by the Registrar under article 18(1);

• “Index Map section” has the same meaning as in the Land Registration (Open Register) Rules 19915;

• “licensed conveyancer” has the same meaning as in section 11(2) of the Administration of Justice Act 19856 and includes a recognised body within the meaning of section 32(2) of that Act;

• “monetary consideration” means a consideration in money or money’s worth (other than a nominal consideration or a consideration consisting solely of a covenant to pay money owing under a mortgage);

• “the principal rules” means the Land Registration Rules 19257;

• “scale fee” means a fee payable in accordance with a scale set out in Schedule 1, 2 or 3;

• “Schedule” means a Schedule to this Order;

• “share in registered land” means a share in the proceeds of sale of registered land held on trust for sale.