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Incumbrance secured by a trust term, or charged under a power. 45. Wherever any incumbrance affecting land shall be secured by a trust term thereof of not less than ninety-nine years absolute of which not less than sixty years shall be unexpired, and shall have been created by the owner of a larger estate in such land, whether freehold or chattel, such incumbrance shall for the purposes of this Act be deemed an incumbrance upon such larger estate; and an incumbrance on land charged under a power shall for the purposes of this Act be deemed an incumbrance upon the estate in such land of the person who created such power. S.46 rep. by SLR 1893
© 1858 Crown Copyright
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