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The Land Registration Rules 1996
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- UK Statutory Instruments
- 1996 No. 2975
- SCHEDULE
- Paragraph 12
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12. After rule 144 insert the following rule—
“Charge by a charity
144A. The statement required by section 39(1) of the Charities Act 1993 shall, in a mortgage which is a registrable disposition, be in one of the following forms:
(a)“The land charged is held by [(proprietors) in trust for] (charity), an exempt charity.”
(b)“The land charged is held by [(proprietors) in trust for] (charity), a non-exempt charity, but this charge (or mortgage) is one falling within section 38(5) of the Charities Act 1993.”
(c)“The land charged is held by [(proprietors) in trust for] (charity), a non-exempt charity, and this charge (or mortgage) is not one falling within section 38(5) of the Charities Act 1993, so the restrictions imposed by section 38 of that Act apply.””
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