The Land Registration (Charges) Rules 1990
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LAND REGISTRATION, ENGLAND AND WALES The Land Registration (Charges) Rules 1990
1.(1) These Rules may be cited as the Land Registration (Charges) Rules 1990 and shall come into force on 1st May 1991. (2) In these Rules:
2. The following rule shall be substituted for rule 139: "Charges and incorporated documents 139.(1) In this rule "incorporated document" means any separate document containing provisions intended by the parties to a charge on registered land to form part of the terms and conditions of the charge, which separate document is referred to in the charge, or in another incorporated document within the meaning hereof. (2) A charge on registered land may be made by an instrument in Form 45 and a copy of the instrument of charge shall be delivered with it. (3) Where a charge on registered land is not in Form 45 the requirement to deliver a copy of the instrument of charge extends to any incorporated document. (4) The requirement in paragraph (3) to deliver an incorporated document shall be deemed to have been fulfilled if:
(5) Application for the approval of the Registrar for the purposes of paragraph (4) may be made to the Registrar at any time and any approval given by the Registrar under that paragraph may be:
(6) An undertaking given to the Registrar pursuant to paragraph (4) (b) may be withdrawn by the person who has given it upon his delivering to the Registrar notice in writing identifying the relevant undertaking and specifying a date upon which the withdrawal is to be treated as coming into effect (being a date at least 14 days after the date upon which the notice is delivered to the Registrar) and thereupon the person who has given the undertaking shall be treated as having been discharged from it but only in respect of incorporated documents of the type to which the undertaking relates which are incorporated into charges lodged for registration after the date specified in the notice. (7) In relation to any particular incorporated document a person who has given an undertaking pursuant to paragraph (4) (b) or paragraph (4) (c) or has already given an undertaking pursuant to sub-paragraph (b) of this paragraph shall be discharged from that undertaking:
(8) In relation to any particular incorporated document any person who has, pursuant to paragraph (4) (b), paragraph (4) (c) or paragraph (7) (b), given an undertaking which has not been withdrawn under paragraph (6) or in respect of which the person has not been discharged under paragraph (7), shall comply with it by delivering to the Registrar a copy of the terms of the incorporated document when directed by the Registrar."
3.(1) The following rule shall be inserted immediately after rule 139: "Obligation to make further advances 139A.(1) In this rule "incorporated document" has the same meaning as in Rule 139. (2) The proprietor or intending proprietor of a charge who, under the terms of that charge, is under an obligation to make further advances may apply to the Registrar for a note of such obligation to be entered on the register for the purposes of section 30(3) of the Act. (3) Except as provided in paragraph (4) below a separate application shall be made in Form 113. (4) If a proprietor or intending proprietor of a charge so desires the application in Form 113 may be included in the instrument of charge or a deed of alteration of a registered charge but not in any incorporated document. (5) The Registrar, on receipt of an application made under paragraph (3) or (4) above, shall give effect to it by adding a note to the entry of the charge in such terms as he considers appropriate, but he shall not be required to make any such note unless application is duly made in accordance with this rule." (2) Form 113 in the Schedule to these rules shall be added at the end of the Schedule to the principal rules.
4. The following rule shall be substituted for rule 151: "Discharge of a registered charge 151. A discharge wholly or in part of a registered charge shall be made by an instrument in Form 53 and shall:
5. Rule 152 is revoked.
Notes: [2] S.R. & O. 1925/1093, to which there are amendments not relevant to these Rules. back |
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