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Registration of Deeds Act (Northern Ireland) 1970

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[F1[F13APending actions relating to bankruptcy.N.I.

(1)A bankruptcy petition, whether or not it is known to affect land, may be registered by the lodgment in the registry of deeds of 2 copies of a prescribed document, stating such matters as may be prescribed, one of which copies shall be certified by the High Court.

(2)The certified copy of the document referred to in subsection (1) shall, for the purposes of the Registration of Deeds Acts, be treated as the document to be registered and the other copy thereof shall, subject to section 12 and to any regulations made thereunder, be treated for those purposes as the memorial of that document.

(3)Subsections (4) and (6) of section 3 apply for the purposes of the registration of a bankruptcy petition under this section as they apply to the registration of a pending action relating to land.

(4)No fee shall be charged for the registration of a bankruptcy petition if the application for registration is made by the High Court.

(5)A bankruptcy petition filed on or after the coming into operation of the Insolvency (Northern Ireland) Order 1989 shall not bind or affect a purchaser of any unregistered land who has acted in good faith without actual knowledge of that petition—

(a)unless it registered under this section; and

(b)before the expiration of 21 days from the date on which it is registered.

(6)In this section and section 3B “purchaser” means—

(a)any person (including a mortgagee or lessee) who, for valuable consideration, takes any estate in any unregistered land; and

(b)the agent of any such person.]]

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