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LAND REGISTRATION ACT (NORTHERN IRELAND) 1970 - SECT 42

Exercise of power of charging land

42.(1) Where

(a)a power to charge registered land; or

(b)a trust for securing money on registered land;

(2) In the absence of any agreement to the contrary made by the persons
entitled to make such agreement, a charge created under a registered power
shall be entered on the register as of the same priority as that power.

© 1970 Crown Copyright

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