Article 2 New Rule 76

The following rule shall be substituted for rule 76:

“Covenants implied under section 77 of the Law of Property Act 1925^f1

76

For the purpose of introducing the covenants implied under paragraphs (B)(ii) and (D)(ii) of section 77(1) of the Law of Property Act 1925 a person may, in a registered disposition:

(a)

be expressed to execute, transfer or charge as beneficial owner; or

(b)

where the instrument effecting the disposition expressly refers to section 77 of the Law of Property Act 1925, be expressed to execute, transfer or charge as settlor, trustee, mortgagee, or personal representative of a deceased person, or under an order of the court,

and the instrument effecting the disposition may be framed accordingly.”