1(1)In the case of settled land in England or Wales, the tenant for life may enter into a forestry dedication covenant relating to the land or any part thereof either for consideration or gratuitously.
(2)The [1925 c. 18.] Settled Land Act 1925 shall apply as if the power conferred by sub-paragraph (1) above had been conferred by that Act; and for the purposes of section 72 of that Act (which relates to the mode of giving effect to a disposition by a tenant for life and to the operation thereof), and of any other relevant statutory provision applying to England or Wales, entering into a forestry dedication convenant shall be treated as a disposition.
(3)The foregoing provisions of this paragraph shall be construed as one with the [1925 c. 18.] Settled Land Act 1925.
(4)Section 28 of the [1925 c. 20.] Law of Property Act 1925 (which confers-the powers of a tenant for life on trustees for sale) shall apply as if the power of a tenant for life under sub-paragraph (1) above had been conferred by the Settled Land Act 1925.