SCHEDULES

SCHEDULE 18E+W+SProperty arrangements schemes

Effect of property arrangements schemeE+W+S

8E+W+SA property arrangements scheme shall, by virtue of this paragraph, have effect according to its terms.

9(1)A transaction of any description effected by or under a property arrangements scheme shall have effect subject to the provisions of any enactment which provides for transactions of that description to be registered in any statutory register.E+W+S

(2)Subject to sub-paragraph (1), a transaction of any description effected by or under a property arrangements scheme shall be binding on all persons, notwithstanding that it would, apart from this provision, have required the consent or concurrence of any person.

Commencement Information

I2Sch. 18 para. 9 in force at 1.9.2004 by S.I. 2004/2184, art. 2(2), Sch. 2