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PART 4Miscellaneous and general

Formalities

47Execution of documents

(1)Where a document giving effect to a disposition of land by a DBF or management subsidiary states that the requirements of this Measure relating to the disposition have been met, the application of the seal of the DBF or subsidiary, or the signature by a duly authorised person on its behalf, is conclusive evidence that the requirements have been met.

(2)Where a document giving effect to a disposition of land by a DBF or management subsidiary does not include a statement to that effect, the transaction is valid in favour of a person who in good faith acquires an interest in the land for money or money’s worth (whether under the transaction or subsequently), regardless of whether the consent of the Church Commissioners was required.

(3)The application of the seal of the Parsonages Board, or the signature of a duly authorised person on its behalf, to a document giving effect to a transaction under this Measure is conclusive evidence that the requirements of this Measure relating to the transaction have been met.