122 Creation of rentcharges charged on another rentcharge and remedies for recovery thereof

122  Creation of rentcharges charged on another rentcharge and remedies for recovery thereof

(1)     A rentcharge or other annual sum (not being rent incident to a reversion) payable half yearly or otherwise may be granted, reserved, charged or created out of or on another rentcharge or annual sum (not being rent incident to a reversion) charged on or payable out of land or on or out of the income of land, in like manner as the same could have been made to issue out of land.

[(1A)     But on and

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