OpenLegislation

Paragraph 6

Original text. Later amendments are not shown.

(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 1925f1.

Annotations

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).