Part 4

Notices and restrictions

Restrictions

Nature
40
1
A restriction is an entry in the register regulating the circumstances in which a disposition of a registered estate or charge may be the subject of an entry in the register.
2
A restriction may, in particular—
a
prohibit the making of an entry in respect of any disposition, or a disposition of a kind specified in the restriction;
b
prohibit the making of an entry—
i
indefinitely,
ii
for a period specified in the restriction, or
iii
until the occurrence of an event so specified.
3
Without prejudice to the generality of subsection (2)(b)(iii), the events which may be specified include—
a
the giving of notice,
b
the obtaining of consent, and
c
the making of an order by the court or registrar.
4
The entry of a restriction is to be made in relation to the registered estate or charge to which it relates.