Paragraph 6 I1

England and Wales

(1)

Disposal in exercise of a power of sale of the land by a person who has that power by way of security for a debt.

(2)

The reference in sub-paragraph (1) to a power of sale includes in particular a power implied by virtue of section 101(1)(i) of the Law of Property Act 1925^f1.

Annotations

Commencement

I1: Sch. 3 para. 6 in force at 21.9.2012, see reg. 1(1)

Footnotes

f1: 1925 c.20. The application of section 101(1)(i) was affected by the insertion of sub-section (1A) by paragraph 2 of Schedule 5 to the Commonhold and Leasehold Reform Act 2002 (c.15).