Creation of independently registrable legal interest
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6(1)This paragraph applies to a disposition consisting of the creation of a legal rentcharge or profit a prendre in gross, other than one created for, or for an interest equivalent to, a term of years absolute not exceeding seven years from the date of creation.
(2)In the case of a disposition to which this paragraph applies—
(a)the grantee, or his successor in title, must be entered in the register as the proprietor of the interest created, and
(b)a notice in respect of the interest created must be entered in the register.
(3)In sub-paragraph (1), the reference to a legal rentcharge or profit a prendre in gross is to one falling within section 1(2) of the Law of Property Act 1925 (c. 20).