Where a restriction is entered in the register, no entry in respect of a disposition to which the restriction applies may be made in the register otherwise than in accordance with the terms of the restriction, subject to any order under subsection (2).
The registrar may by order—
disapply a restriction in relation to a disposition specified in the order or dispositions of a kind so specified, or
provide that a restriction has effect, in relation to a disposition specified in the order or dispositions of a kind so specified, with modifications so specified.
The power under subsection (2) is exercisable only on the application of a person who appears to the registrar to have a sufficient interest in the restriction.