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The Land Registration (No. 3) Rules 1999
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Amendments to the Land Registration Rules 1925
2. The Land Registration Rules 1925(1) have effect subject to the substitution of the following for rule 247–
“Value entered on the register
247. On the first registration of land, and on a subsequent change of proprietorship of the land, the registrar shall whenever practicable enter in the register the price paid or value declared but that entry shall only remain until there is a change of proprietorship of the land.”
(1)
S.R. & O. 1925/1093; relevant amending or revoking instrument S.I. 1976/1332.
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