(1)Land Registry Rules may make provision—
(a)for enabling the Registrar, in such circumstances and subject to such conditions as may be prescribed, to declare any area of land to be subject to a souvenir land scheme if the Registrar is satisfied that the land comprised in that area consists wholly or mainly of land—
(i)which has been, or is proposed to be, disposed of (by way of sale or otherwise) in souvenir plots; or
(ii)of which part has been, and the remainder is proposed to be, so disposed of;
(b)with respect to the cancellation of declarations and the extension or reduction of the area to which any declaration relates;
(c)for authorising or requiring the Registrar not to accept applications under this Act relating to souvenir land or notices, cautions or other documents relating to that land;
(d)for excepting souvenir land from any requirement under this Act for compulsory registration;
(e)for securing that transactions relating to souvenir land which is registered take effect as if the land were not registered land; and
(f)generally for modifying or excluding in relation to souvenir land the operation of any provision in this Act or any Land Registry Rules.
(2)In this section—
“declaration” means a declaration by the Registrar, made in pursuance of Land Registry Rules made under subsection (1)(a), that an area of land is subject to a souvenir land scheme;
“souvenir land” means land situated within an area in respect of which a declaration is for the time being in force;
“souvenir plot” means any piece of land which, being of inconsiderable size and little or no practical utility, is unlikely to be wanted in isolation except for the sake of pure ownership or for sentimental reasons or commemorative purposes.]