said Act (or copies of such applications or entries) during the period commencing on the 1st day of January, 1926, and expiring on the 31st day of December of that year so far as the same relate to lands in the said respective Ridings.

(3) Nothing in this section shall affect the operation of Part XI. (relating to Compulsory Registration') of The Land Registration Act, 1925"(Sir Henry Cautley).

Motion made, and Question put, "That the Clause be read a second time. -The Committee divided :

Amendments made, in page 5, line 5, at the beginning, by inserting the words:

"Law of Property

Act, 1922.

S. 43. In sub-section (8) for the words 'shall

be treated as purchase money' there shall be substituted the words shall be treated as interest upon purchase money

-(Sir Henry Cautley);

in

page 5, line 6, at the end, by inserting the words :

"S. 1

S. 3

At the end there shall be inserted the following sub-section :

(7) This section does not apply to land held upon trust for sale.'

. In this section after the word 'land,' where it first occurs, there shall be inserted the words 'not held upon trust for sale'"

-(Mr. Solicitor-General);

in page 5, line 34, at the end, by inserting the words :

"S. 78

At the end of sub-section (1) there shall inserted the words :

6

This sub-section operates without prejudice to the rights of any person claiming under a disposition for valuable consideration of any such money, securities, or proceeds, made before the commencement of this Act""

-(Sir William Bull);

in page 6, line 4, at the end, by inserting the words:

For sub-section (2) from the beginning to the words are either' there shall be substituted the words :

'Where the legal estate affected is subject to a trust for sale, then if at the date of a conveyance made, after the commencement of this Act under the trust for sale or the powers conferred on the trustees for sale, the trustees (whether original or substituted) are either.' In that sub-section for the words such equitable interest or power' there shall be substituted the words any equitable interest or power having priority to the trust for sale

-(Mr. Solicitor-General);

in page 6, line 26 (2nd column), at the end, by inserting the words:

"In the case of a trust for sale, not being a trust for sale created by or in pursuance of the powers conferred by this or any other Act, this subsection shall not apply unless the contrary intention appears in the disposition creating the trust

-(Sir William Bull);

in page 6, line 45, at the end, by inserting the words:

"S. 28

In sub-section (1), after the word
'minority,' there shall be inserted the
words and where by statute settled
land is or becomes vested in the
trustees of the settlement upon the
statutory trusts, such trustees and
their successors in office shall also
have all the additional or larger
powers (if any) conferred by the settle-
ment on the tenant for life, statutory
owner, or trustees of the settlement
-(Mr. Solicitor-General);

999

in page 6, after the last inserted Amendment, by inserting the words:

"S. 35 At the end the following paragraph

shall be inserted :

'Where

(a) an undivided share was subject to a settlement; and

(b) the settlement remains subsisting in respect of other property; and

(c) the trustees thereof are not the same persons as the trustees for sale;

then the statutory trusts include a trust for the trustees for sale to pay the proper proportion of the net proceeds of sale or other capital money attribut

able to the share to the trustees of the settlement to be held by them as capital money arising under the Settled Land Act, 1925"";

in page 6, after the last inserted Amendment, by inserting

the words:

in page 7, line 10, at the end, by inserting the words :

"S. 94

In sub-section (2) for the words 'date of the original advance' there shall be substituted the words 'time when the original mortgage was created"";

in page 7, after the last inserted Amendment, by inserting the words:

in page 7, line 10, after the last inserted Amendment, by inserting the words :-

"S. 125. In

sub-section (2) for the words an office copy' there shall be substituted

'a copy

-(Sir William Bull);

in page 7, by leaving out lines 26 to 33, inclusive, and by

inserting the words :

in

"Schedule I., At the end of paragraph 7 there shall be inserted the following paragraph:

Part II.

page 7, line 33, after the last inserted Amendment, by inserting the words :

in page 7, after the last inserted Amendment, by inserting the words:-

"Schedule I., Part IV.

In paragraph 1 (4) (iii.) for the words vest the land' there shall be substituted the words 'thereupon the land shall by virtue of this Act vest '";

in page 7, line 40, at the end, by inserting the words :

in page 7, after the last inserted Amendment, by inserting the words:

"Schedule I., At the end of paragraph 3 the following new paragraph shall be inserted :—

Part IV.