The Land and Conveyancing Law Reform Act 2013 was signed into law on 24 July 2013 and finally draws an end to the uncertainty created by the decision reached in the controversial Start Mortgages case. The passing of the Act will now allow banks (in respect of mortgages created prior to 1 December 2009) to continue to rely on repealed statutory powers to obtain an order for possession of registered land, to appoint a receiver, to sell and to overreach junior encumbrances on a sale.
View an earlier article on the Bill here.
Contributed by Eibhlín O’Donnell.
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