Obligations and restrictions
6
1
This article applies to an obligation which is accepted by a party to a land agreement in his capacity as holder of an interest:
a
in the relevant land or other relevant land and is for the benefit of another party to the agreement in his capacity as holder of an interest in the relevant land; or
b
in other relevant land and relates to the imposition in respect of that land of:
i
restrictions of a kind described in paragraph (2)(a) which correspond to those accepted by a party to the agreement in his capacity as holder of an interest in the relevant land; or
ii
obligations which correspond to those accepted by a party to the agreement in his capacity as holder of an interest in the relevant land.
2
This article applies to a restriction which:
a
restricts the activity that may be carried out on, from, or in connection with the relevant land or other relevant land and is accepted by a party to the agreement in his capacity as holder of an interest in the relevant land or other relevant land and is for the benefit of another party to the agreement in his capacity as holder of an interest in the relevant land;
b
is accepted by a party to the agreement in his capacity as holder of an interest in other relevant land and relates to the imposition of restrictions on the activity that may be carried out on, from, or in connection with the other relevant land which correspond to those accepted by a party to the agreement in his capacity as holder of an interest in the relevant land; or
c
restricts the freedom of a party to the agreement to create or transfer an interest in the relevant land to another person.