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In forceAmended2020 Revised Edition

Part 15 · Statutory Acquisition and Sale

145. Statutory vesting not elsewhere provided for

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Amended

Last amended by an amending law of 2014.

(1)

Subject to subsection (3), whenever by the operation of any Act, either directly or by reason of anything done in pursuance thereof, registered land becomes vested in some person other than the proprietor, either alone or jointly or in common with the proprietor, the Registrar must, upon application by that person and upon such evidence as the Registrar considers sufficient, enter in the land‑register a memorial of registration of the vesting.

(2)

This section does not apply to any vesting for the registration of which express provision is made by this Act.

(3)

Despite subsection (1), where a certificate of approval has been issued under section 14A of the Banking Act 1970 effecting a bank merger, the Registrar must, upon application in an approved form by the bank issued with the certificate of approval and accompanied by such evidence as the Registrar considers sufficient, enter in the land‑register a notification of the vesting of the mortgages transferred to that bank under the provisions of the Second Schedule to the Banking Act 1970.

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