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Schedule 3 The Standard Conditions

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

  1. 1Maintenance and repair.
  2. 2Completion of buildings etc. and prohibition of alterations etc.
  3. 3Observance of conditions in title, payment of duties, charges, etc., and general compliance with requirements of law relating to security subjects.
  4. 4Planning notices, etc.
  5. 5Insurance.
  6. 6Restriction on letting.
  7. 7General power of creditor to perform obligations etc. on failure of debtor and power to charge debtor.
  8. 8Calling-up.
  9. 9Default.
  10. 10Rights of creditor on default.
  11. 11Exercise of right of redemption.
  12. 12Paragraph 12
  13. Interpretation