10 Procedure on acquisition of land to be made subject to a settlement
Settled Land Act 1925 (1925 c 18) | Legislation

10  Procedure on acquisition of land to be made subject to a settlement

(1)     Where after the commencement of this Act land is acquired with capital money arising under this Act or in exchange for settled land, or a rentcharge is reserved on a grant of settled land, the land shall be conveyed to, and the rentcharge shall by virtue of this Act become vested in, the tenant for life or statutory owner, and such conveyance or grant is in this Act referred to as a subsidiary vesting deed:

Provided that, where an instrument is subsisting at the commencement of this Act, or is made or comes into

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