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Law of Property (Amendment) Act 1924
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Purchases of life interests.
10Sub-paragraph (3) of paragraph 10 of the Fifth Schedule to the principal Act (relating to the acquisition of the beneficial interest of a tenant for life) shall take effect subject to the following provisions :—
“Provided that—
(a)where the conveyance or dealing is effected after the commencement of this Act, the purchaser shall not be entitled to the possession of the documents of title relating to the settled land, but shall have the same rights with respect thereto as if the tenant for life had given to him a statutory acknowledgment of his right to production and delivery of copies thereof, and a statutory undertaking for the safe custody thereof; and
(b)the tenant for life shall not deliver any such -documents to a purchaser of his beneficial interest who is not also a purchaser of the whole of the settled land to which such documents relate."”
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