7
CurrentVesting of interests in land
Schedule 4Vesting of assets, rights and liabilities
7 Vesting of interests in land
(1)
A vesting order may vest an interest in respect of land vested in the transferor without vesting the whole of the interests of the transferor in that land.
(2)
If the interest vested is not a separate interest, the order operates to create the interest vested in such terms as are specified in the order.
(3)
This clause does not limit any other provision of this Schedule.
This Act’s bill:Explanatory memorandumSecond reading speech
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