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LEASEHOLD (ENLARGEMENT AND EXTENSION) ACT (NORTHERN IRELAND) 1971 - SECT 26

Saving for National Trust.

26.(1) For the purposes of the application of sections 1, 11 and 17 to a
person in relation to any land, the existence of a mortgage of the estate of
the person in that land shall be disregarded.

(2) Where

(a)either before or after the commencement of this Act, a lessee executes a
mortgage by subdemise of the whole or part of the land comprised in his lease,
retaining a nominal reversion therein; and

(b)either before or after such commencement, the land comprised in the
subdemise is sold, whether under a statutory power or any other power of sale,
for the enforcement of the mortgage.

1907 c. cxxxvi



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© 1971 Crown Copyright

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