SCHEDULE 7 Conveyance to Nominee Purchaser [RTE Company] on Enfranchisement

SCHEDULE 7 Conveyance to Nominee Purchaser [RTE Company] on Enfranchisement

Section 34

(Schedule Provisio

Interpretation

1

In this Schedule—

[(a)     “the relevant premises†means, in relation to the conveyance of any interest, the premises in which the interest subsists;

(b)     “the freeholder†means, in relation to the conveyance of a freehold interest, the person whose interest is to be conveyed;]

(c)     “other property†means property of which the freehold is not to be acquired by the nominee purchaser [RTE company] under this Chapter; and

[(d)     “the appropriate time†means, in relation to the conveyance of a freehold interest, the time when the interest is to be conveyed to the nominee purchaser [RTE company]].

General

2

(1)     The conveyance shall not exclude or restrict the general words implied in conveyances under section 62 of the Law of Property Act 1925, or the all-estate clause implied under section 63 of that Act, unless—

(a)     the exclusion or restriction is made for the purpose of preserving or recognising any existing interest of the freeholder in tenant's incumbrances or any existing right or interest of any other person, or

(b)     the nominee purchaser [RTE company] consents to the exclusion

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