SCHEDULE 2Amendment of Registration of Leases (Scotland) Act 1857

I16

In section 3 (assignations of recorded leases)—

a

in subsection (1)—

i

after first “been” insert “ registered or ”,

ii

before second “recorded” insert “ registered or ”,

iii

after “Schedule” insert “ (ZA.) or, as the case may be, ”,

iv

before “recording” insert “ registering or ”,

b

in subsection (2)—

i

repeal “recording of such assignation or the”,

ii

after first “interest” insert “ or the registration of such assignation under the Land Registration etc. (Scotland) Act 2012 (asp 5) or the recording of such assignation ”,

iii

for “and it” to the end substitute “ and, as the case may be, the grantee's interest or the lease had been so registered or the lease had been duly recorded. ”,

c

in subsection (2C), repeal—

i

“, notwithstanding section 3(4) of the Land Registration (Scotland) Act 1979 (c.33) (creation of real right or obligation on date of registration etc.),”,

ii

“of an interest in land under”.