14
In forceTrust to have a fee simple estate in the common for which it is established
14 Trust to have a fee simple estate in the common for which it is established
(1)
For the purposes of this Act, a trust has, by virtue of this subsection, an estate in fee simple in the common for which it is established, unless it already has such an estate by virtue of some other enactment or instrument.
(2)
If the setting aside of a common is revoked or otherwise terminated as to part of the common, the trust ceases to have an estate in fee simple in that part.
(3)
The provisions of this section have effect despite anything contained in section 42 of the Real Property Act 1900.
This Act’s bill:Explanatory memorandum
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