Article 1 Citation, commencement and interpretation

This Order, which supersedes the Land Registration Fees (No. 2) Order 1997^f1, may be cited as the Land Registration Fees Order 1998 and shall come into force on 1st April 1999.

In this Order unless the context otherwise requires:

• “account holder” means a person or firm holding a credit account;

• “the Act” means the Land Registration Act 1925;

• “charge” includes a sub-charge;

• “credit account” means an account authorised by the Registrar under article 18(2);

• “Index Map section” has the same meaning as in the Land Registration (Open Register) Rules 1991^f2;

• “licensed conveyancer” has the same meaning as in section 11(2) of the Administration of Justice Act 1985^f3 and includes a recognised body within the meaning of section 32(2) of that Act;

• “monetary consideration” means a consideration in money or money’s worth (other than a nominal consideration or a consideration consisting solely of a covenant to pay money owing under a mortgage);

• “the principal rules” means the Land Registration Rules 1925^f4;

• “scale fee” means a fee payable in accordance with a scale set out in Schedule 1 or 2 whether or not reduced in accordance with article 2(5);

• “scale fee application” means an application which attracts a scale fee, or which would attract such a fee but for the operation of article 6;

• “Schedule” means a Schedule to this Order;

• “share in registered land” means an interest in registered land under a trust of land.