Valid from 28/11/2013
65Certain leases registered near or after the appointed dayS
This section has no associated Explanatory Notes
A lease is an exempt lease if—
(a)it is not registered on the day falling 1 year before the appointed day,
(b)it would, had it been so registered, have been converted on the appointed day into a right of ownership under section 4(1)(a),
(c)despite not being registered, it constitutes a real right in land, and
(d)it is subsequently registered (whether before, on or after the appointed day).