Regulation 21 Execution of deedsI1

England and Wales

(1)

A document—

(a)

executed by a CIO in accordance with regulation 20; and

(b)

which makes clear on its face that it is intended by the person or persons making it to be a deed,

has effect, upon delivery, as a deed.

(2)

For the purposes of paragraph (1) a document is presumed, unless the contrary intention is proved, to be delivered upon its being executed.

(3)

In favour of a purchaser—

(a)

if a document is treated as duly executed under regulation 20 and

(b)

the document makes clear on its face that it is intended by the person or persons making it to be a deed,

the document is treated as having been delivered upon its being executed.

(4)

In paragraph (3) “purchaser” has the meaning given by regulation 20(5).

Annotations