5(1)If an estate which the Secretary of State proposes to vest in himself is registered land—U.K.
(a)he shall be treated for the purposes of the searches rules as a purchaser within the meaning of those rules; and
(b)the deed vesting the registered land in him shall be treated for the purposes of those rules as the instrument effecting the purchase.
(2)If after vesting registered land in himself the Secretary of State lodges the vesting deed at the registry the registrar shall register him as the proprietor of the land.