Part VIIE+W Restrictions, Savings, and Protection of Purchasers

103 Legal estate in settled land not to vest in trustee in bankruptcy of estate owner.E+W

[F1For the purposes of determining, where the estate owner of any settled land is bankrupt, whether the legal estate in the settled land is comprised in, or is capable of being claimed for, the bankrupt’s estate, the legal estate in the settled land shall be deemed not to vest in the] estate owner unless and until the estate owner becomes absolutely and beneficially entitled to the settled land free from all limitations, powers, and charges taking effect under the settlement.