# Technical and Industrial Institutions Act 1892, Section 6: Conveyance may be by way of sale, exchange, or gift.


(1) A conveyance of land may be made to the governing body of the institution or to trustees for the governing body either for valuable consideration in money, or in consideration of a rentcharge, or by way of exchange for other land, or, subject as in this Act provided, by way of free gift, and without any consideration.
(2) A conveyance under this Act by a person having an equitable estate shall operate to pass any bare outstanding legal estate vested in a trustee.

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Source: https://www.legislation.gov.uk/ukpga/Vict/55-56/29/section/6 (the official version)
Page: https://openlegislation.uk/technical-and-industrial-institutions-act-1892/section-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.