3 Effects of disclaimer.U.K.
(1)The disclaimer of a peerage by any person under this Act shall be irrevocable and shall operate, from the date on which the instrument of disclaimer is delivered,—
(a)to divest that person (and, if he is married, his wife) of all right or interest to or in the peerage, and all titles, rights, offices, privileges and precedence attaching thereto; and
(b)to relieve him of all obligations and disabilities F1. . . arising therefrom,
but shall not accelerate the succession to that peerage nor affect its devolution on his death.
(2)Where a peerage is disclaimed under this Act, no other hereditary peerage shall be conferred upon the person by whom it is disclaimed F2. . .
(3)The disclaimer of a peerage under this Act shall not affect any right, interest or power (whether arising before or after the disclaimer) of the person by whom the peerage is disclaimed, or of any other person, to, in or over any estates or other property limited or settled to devolve with that peerage.
(4)The reference in the foregoing subsection to estates or other property limited or settled to devolve with a peerage shall, for the purposes of the application of this Act to Scotland, be construed as including a reference to estates or other land devolving as aforesaid under an entail or special destination, or the beneficial interest in which so devolves under a trust.
Textual Amendments
F1Words in s. 3(1)(b) repealed (11.11.1999) by 1999 c. 34, ss. 4(2), 5(1), Sch. 2