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SCHEDULES

SCHEDULE 7N.I.PROVISIONS RELATING TO CHARGES ON REGISTERED LAND

PART IIIN.I.VALIDITY OF CERTAIN CHARGES PURPORTING TO BE REGISTERED AT 28TH JULY 1957

1(1)Notwithstanding anything to the contrary contained in this Act or in any other statutory provision, a charge purporting to have been registered in the Land Registry at the 28th July 1957 shall, subject to paragraphs 2 and 3, not be void by reason only—N.I.

(a)that it was expressed to have been created by way of mortgage; or

(b)that the consent of the Ministry was not obtained to a demise or sub-demise expressed to have been created by any such mortgage;

and the purported registration of the charge, as a charge on registered land, shall not be invalid for either of those reasons.

(2)In this paragraph, “mortgage” includes both a mortgage by demise or sub-demise and a mortgage by conveyance or assignment with a proviso for redemption.

2N.I.Except as provided by paragraph 3, paragraph 1 shall not affect any order or judgment made or given before the 29th July 1957 in legal proceedings begun before the 18th June 1957, or any appeal or other proceedings consequent on any such order or judgment.

3N.I.Paragraph 2—

(a)shall not apply to any order or judgment specified in that paragraph to the extent that any such order or judgment was set aside by any court pursuant to section 2(3) of the Land Registry Charges Act (Northern Ireland) 1957 [1957 c.13] ; and

(b)shall apply to any further order made by any court pursuant to the said section 2(3).