(1)Section 76 of the M1Law of Property Act 1925 applies in relation to a disposition of property made after the commencement of this Part in pursuance of a contract entered into before commencement where—
(a)the contract contains a term providing for a disposition to which that section would have applied if the disposition had been made before commencement, and
(b)the existence of the contract and of that term is apparent on the face of the instrument effecting the disposition,
unless there has been an intervening disposition of the property expressed, in accordance with this Part, to be made with full title guarantee.
(2)Section 24(1)(a) of the M2Land Registration Act 1925 applies in relation to a disposition of a leasehold interest in land made after the commencement of this Part in pursuance of a contract entered into before commencement where—
(a)the covenant specified in that provision would have been implied on the disposition if it had been made before commencement, and
(b)the existence of the contract is apparent on the face of the instrument effecting the disposition,
unless there has been an intervening disposition of the leasehold interest expressed, in accordance with this Part, to be made with full title guarantee.
(3)In subsections (1) and (2) an “intervening disposition” means a disposition after the commencement of this Part to, or to a predecessor in title of, the person by whom the disposition in question is made.
(4)Where in order for subsection (1) or (2) to apply it is necessary for certain matters to be apparent on the face of the instrument effecting the disposition, the contract shall be deemed to contain an implied term that they should so appear.