6N.I.The provisions of this Act with respect to the registration of limited owners shall not apply in the case of settled land within the meaning of section 63 of the Settled Land Act 1882 unless the settlement confers on the limited owner the powers conferred by the Settled Land Act 1882 [1882 c.38] on a tenant for life, or an order made under the Settled Land Act 1884 [1884 c.18] is in force at the time of the application for registration.