Source: http://smartleges.com/es/biblioteca-de-leyes/1989-c-34-law-of-property-miscellaneous-provisions-act-1989/2018030
Timestamp: 2018-03-24 15:43:48
Document Index: 159638579

Matched Legal Cases: ['art. 1', 'art. 2', 'art. 1', 'art. 2', 'art. 1', 'art. 3', 'art. 2', 'art. 2']

Law of Property (Miscellaneous Provisions) Act 1989, 1989 c. 34, Version 30/06/2010
Version 30/06/2010
1989 CHAPTER 34
Version 15/09/2005
An Act to make new provision with respect to deeds and their execution and contracts for the sale or other disposition of interests in land; and to abolish the rule of law known as the rule in Bain v. Fothergill.
(a) it makes it clear on its face that it is intended to be a deed by the person making it or, as the case may be, by the parties to it (whether by describing itself as a deed or expressing itself to be executed or signed as a deed or otherwise) ; and
[F1 (2A) For the purposes of subsection (2) (a) above, an instrument shall not be taken to make it clear on its face that it is intended to be a deed merely because it is executed under seal.]
(b) it is delivered as a deed F2 ...
[F3 (4A) Subsection (3) above applies in the case of an instrument executed by an individual in the name or on behalf of another person whether or not that person is also an individual.]
(5) Where [F4 a relevant lawyer, or an agent or employee of a relevant lawyer] , in the course of or in connection with a transaction F5 ..., purports to deliver an instrument as a deed on behalf of a party to the instrument, it shall be conclusively presumed in favour of a purchaser that he is authorised so to deliver the instrument.
(6) In subsection (5) above— [F6 “purchaser” has the same meaning] as in the M1 Law of Property Act 1925; [F7 “ relevant lawyer ” means a person who, for the purposes of the Legal Services Act 2007, is an authorised person in relation to an activity which constitutes a reserved instrument activity (within the meaning of that Act). ] F8 ...F8 ...
(7) Where an instrument under seal that constitutes a deed is required for the purposes of an Act passed before this section comes into force, this section shall have effect as to signing, sealing or delivery of an instrument by an individual in place of any provision of that Act as to signing, sealing or delivery.
(8) The enactments mentioned in Schedule 1 to this Act (which in consequence of this section require amendments other than those provided by subsection (7) above) shall have effect with the amendments specified in that Schedule.
(9) Nothing in subsection (1) (b) , (2) , (3) , (7) or (8) above applies in relation to deeds required or authorised to be made under—
(a) the seal of the county palatine of Lancaster;
(b) the seal of the Duchy of Lancaster; or
(10) The references in this section to the execution of a deed by an individual do not include execution by a corporation sole and the reference in subsection (7) above to signing, sealing or delivery by an individual does not include signing, sealing or delivery by such a corporation.
(11) Nothing in this section applies in relation to instruments delivered as deeds before this section comes into force.
F1 S. 1(2A) inserted (15.9.2005) by Regulatory Reform (Execution of Deeds and Documents) Order 2005 (S.I. 2005/1906), arts. 1(1), 8
F2 Words in s. 1(3)(b) repealed (15.9.2005) by Regulatory Reform (Execution of Deeds and Documents) Order 2005 (S.I. 2005/1906), art. 1(1), Sch. 2
F3 S. 1(4A) inserted (15.9.2005) by Regulatory Reform (Execution of Deeds and Documents) Order 2005 (S.I. 2005/1906), arts. 1(1), 7(4)
F4 Words in s. 1(5) substituted (1.1.2010) by Legal Services Act 2007 (c. 29), s. 211(2), Sch. 21 para. 81(a) (with ss. 29, 192, 193); S.I. 2009/3250, art. 2(h)
F5 Words in s. 1(5) repealed (15.9.2005) by Regulatory Reform (Execution of Deeds and Documents) Order 2005 (S.I. 2005/1906), arts. 1(1), 9, Sch. 2
F6 Words in s. 1(6) substituted (15.9.2005) by Regulatory Reform (Execution of Deeds and Documents) Order 2005 (S.I. 2005/1906), art. 1(1), Sch. 1 para. 15
F7 Words in s. 1(6) substituted (1.1.2010) by Legal Services Act 2007 (c. 29), s. 211(2), Sch. 21 para. 81(b) (with ss. 29, 192, 193); S.I. 2009/3250, art. 2(h)
F8 Words in s. 1(6) repealed (15.9.2005) by Regulatory Reform (Execution of Deeds and Documents) Order 2005 (S.I. 2005/1906), art. 1(1), Sch. 2
C1 S. 1(2)(b) modified (1.10.2009) by Companies Act 2006 (c. 46), ss. 46(1), 1300(2); S.I. 2008/2860, art. 3(d) (with arts. 7, 8, Sch. 2 para. 1)
M1 1925 c. 20.
(a) a contract to grant such a lease as is mentioned in section 54(2) of the M2 Law of Property Act 1925 (short leases) ;
(b) a contract made in the course of a public auction; or
[F9 (c) a contract regulated under the Financial Services and Markets Act 2000, other than a regulated mortgage contract [F10 a regulated home reversion plan, a regulated home purchase plan or a regulated sale and rent back agreement] ;]
and nothing in this section affects the creation or operation of resulting, implied or constructive trusts.
F11 (6) In this section— “disposition” has the same meaning as in the Law of Property Act 1925; “interest in land” means any estate, interest or charge in or over land [F12 or in or over the proceeds of sale of land] .
[F13 “regulated mortgage contract”[F14 , “regulated home reversion plan”[F11 , “regulated home purchase plan” and “regulated sale and rent back agreement”] ] must be read with—
(7) Nothing in this section shall apply in relation to contracts made before this section comes into force.
(8) Section 40 of the Law of Property Act 1925 (which is superseded by this section) shall cease to have effect.
F9 S. 2(5)(c) substituted (1.12.2001) by S.I. 2001/3649, arts. 1, 317(2)
F10 Words in s. 2(5)(c) substituted (1.7.2009 for specified purposes and 30.6.2010 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2009 (S.I. 2009/1342), arts. 1(2), 24(a)
F11 Words in s. 2(6) substituted (1.7.2009 for specified purposes and 30.6.2010 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2009 (S.I. 2009/1342), arts. 1(2), 24(b)
F12 Words in s. 2(6) repealed (1.1.1997) by 1996 c. 47, s. 25(2), Sch. 4 (with ss. 24(2), 25(4)(5)); S.I. 1996/2974, art. 2
F13 Definition of “regulated mortgage contract” in s. 2(6) inserted (1.12.2001) by S.I. 2001/3649, arts. 1, 317(3)
F14 Words in s. 2(6) inserted (6.11.2006 for specified purposes and 6.4.2007 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2006 (S.I. 2006/2383), arts. 1(2), 27(b)
C2 S. 2(1)-(6) excluded (retrospective to 31.5.1996) by 1996 c. 61 s. 41(1)(2)
3 Abolition of rule in Bain v. Fothergill.
The rule of law known as the rule in Bain v. Fothergill is abolished in relation to contracts made after this section comes into force.
The enactments mentioned in Schedule 2 to this Act are repealed to the extent specified in the third column of that Schedule.
5 Commencement.
(1) The provisions of this Act to which this subsection applies shall come into force on such day as the Lord Chancellor may by order made by statutory instrument appoint.
(2) The provisions to which subsection (1) above applies are—
(a) section 1 above; and
(b) section 4 above, except so far as it relates to section 40 of the Law of Property Act 1925.
(3) The provisions of this Act to which this subsection applies shall come into force at the end of the period of two months beginning with the day on which this Act is passed.
(4) The provisions of this Act to which subsection (3) above applies are—
(a) sections 2 and 3 above; and
(b) section 4 above, so far as it relates to section 40 of the M3 Law of Property Act 1925.
C3 Power of appointment conferred by s. 5(1) fully exercised: 31.7.1990 appointed by S.I. 1990/1175, art. 2
M3 1925 c. 20.
6 Citation.
(1) This Act may be cited as the Law of Property (Miscellaneous Provisions) Act 1989.