OpenLegislation

Paragraph 6

Original text. Later amendments are not shown.

Any suspension under this Law of the right to transfer, encumber or otherwise dispose of any of the debtor’s assets—

(a)

is subject to section 26 of the Land Registration Act 2002f1 where owner’s powers are exercised in relation to a registered estate or registered charge;

(b)

is subject to section 52 of the Land Registration Act 2002, where the powers referred to in that section are exercised by the proprietor of a registered charge; and

(c)

in any other case, shall not bind a purchaser of a legal estate in good faith for money or money’s worth unless the purchaser has express notice of the suspension.

Annotations

Footnotes

f1

2002 c. 9.