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(1)The Middlesex Deeds Register shall be closed for all purposes, and accordingly—
(a)no search shall be made in the Middlesex Deeds Register, whether by the Chief Land Registrar or his officers or otherwise, and
(b)section one hundred and ninety-seven of the M1Law of Property Act, 1925 (which provides that registration in a local deeds registry of memorials of instruments transferring or creating a legal estate or charge by way of legal mortgage shall be deemed to constitute actual notice to all persons of the transfer or creation of the legal estate or charge) shall cease to have effect as respects the Middlesex Deeds Register,
but the closing of the Middlesex Deeds Register shall not affect the consequences that flow under the Middlesex Deeds Acts from any failure to register a memorial of any instrument a memorial of which was capable of registration thereunder.
(2)Where a memorial of any instrument has been duly registered under the Middlesex Deeds Acts, a purchaser shall, if his purchase took place after the commencement of this Act and at the time of the purchase he had no notice of the transaction to which the instrument relates, have the same rights as he would have if the memorial had not been registered.
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