Article 5 Transfer of mortgage interests

(1)

On the transfer date all interests of the Residuary Body as mortgagee in–

(a)

58 Mangold Way, Erith, Kent;

(b)

40 Cherbury Close, London SE28; and

(c)

56 Linnet Close, London SE28

shall vest in the council of the London Borough of Richmond-upon-Thames.

(2)

The London Government Reorganisation (Mortgages) Order 1988^f1 shall apply to the mortgage interests transferred by paragraph (1) as if those interests had been transferred by that Order, except that references in that Order to “the transfer date” shall, insofar as the interests transferred by paragraph (1) are concerned, be construed as references to the transfer date as defined in article 1(2) of this Order.

Annotations

Footnotes

f1: S.I. 1988/1747.