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SCHEDULES

SCHEDULE 2N.I.CONSEQUENCES OF CONVERSION OF PERPETUALLY RENEWABLE LEASES

WillsN.I.

3.—(1) Any provision of a will in respect of the estate created by the lease operates instead on the fee simple.N.I.

(2) Any such provision in respect of the estate created by a superior lease or sub-lease such as is mentioned in paragraph 1(3) operates instead on the fee farm rent.