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Paragraph 2 Grants and leases – general

Original text. Later amendments are not shown.

The grant or lease shall not exclude or restrict the general words implied under section 62 of the 1925 Act unless:

(a)

in the case of a grant, the exclusion or restriction is made for the purposes of reserving a right or interest to be retained by the public sector landlord by or in accordance with these Regulations or of preserving or recognising an existing right or interest of another person, or

(b)

in the case of a lease, the public sector landlord consents or the exclusion or restriction is made for the purpose of preserving or recognising an existing right or interest of another person, or relates to a right or interest required by or in accordance with these Regulations to be retained by the applicant.