(1)Where the disposition to be effected by any such instrument as is mentioned in section 122(1)(b) or (7)(b) will be—
(a)a registrable disposition, or
(b)a disposition which triggers the requirement of registration,
the statement which, by virtue of section 122(2) or (8), is to be contained in the instrument must be in such form as may be prescribed by land registration rules.
(2)Where the registrar approves an application for registration of—
(a)a disposition of registered land, or
(b)a person's title under a disposition of unregistered land,
and the instrument effecting the disposition contains a statement complying with section 122(8) and subsection (1), the registrar must enter in the register a restriction reflecting the limitation under sections 117 to 121 on subsequent disposal.
(3)Where—
(a)any such restriction is entered in the register in respect of any land, and
(b)the charity by or in trust for which the land is held becomes an exempt charity,
the charity trustees must apply to the registrar for the removal of the entry.
(4)On receiving any application duly made under subsection (3) the registrar must remove the entry.
(5)Where—
(a)any registered land is held by or in trust for an exempt charity and the charity ceases to be an exempt charity, or
(b)any registered land becomes, as a result of a declaration of trust by the registered proprietor, land held in trust for a charity (other than an exempt charity),
the charity trustees must apply to the registrar for such a restriction as is mentioned in subsection (2) to be entered in the register in respect of the land.
(6)On receiving any application duly made under subsection (5) the registrar must enter such a restriction in the register in respect of the land.