34 Conveyance to nominee purchaser [RTE company]

Completion of acquisition

34  Conveyance to nominee purchaser [RTE company]

(1)     Any conveyance executed for the purposes of this Chapter, being a conveyance to the nominee purchaser [RTE company] of the freehold of the specified premises[, of a part of those premises] or of any other property, shall grant to the nominee purchaser [RTE company] an estate in fee simple absolute in those premises[, that part of those premises] or that property, subject only to such incumbrances as may have been agreed or determined under this Chapter to be incumbrances subject to which that estate should be granted, having regard to the following provisions of this Chapter.

(2)     Any such conveyance shall, where the nominee purchaser [RTE company] is to acquire any leasehold interest in the specified premises[, the part of the specified premises] or (as the case may be) in the other property to which the conveyance relates, provide for the disposal to the nominee purchaser [RTE company] of any such interest.

(3)     Any conveyance executed for the purposes of this Chapter shall have effect under section 2(1)

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