Section 43 Interpretation of Part III.

In this Part of this Act, unless the context otherwise requires, the following expressions have the meanings hereby respectively assigned to them, that is to say—

• F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

• “the Act of 1924” means the M1Conveyancing (Scotland) Act 1924;

• “land” has the meaning assigned to it by section 2(1) of the Act of 1924.

For the purpose of construing this Part of this Act in relation to the creation of a security over a registered lease and to any subsequent transactions connected with that security, section 30(2) shall apply as it applies to Part II of this Act, and any reference to a security over land, however expressed, shall be construed as a reference to a registered lease subject to a security, and “land” shall be construed accordingly.