Section 112: Notice of trusts on transfer of mortgage.

Law of Property Act 1925 · 1925 c. 20View on legislation.gov.uk

This provision is repealed
It is retained for historical reference and may not reflect the law currently in force.

Part III: Mortgages, Rentcharges, and Powers of Attorney

REPEALED on 2004-07-22 by Statute Law (Repeals) Act 2004.

Source annotation(s):

  • S. 112 repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14) , s. 1(1) , Sch. 1 Pt. 12

The text below is the provision as originally enacted. It is historical and may not include amendments made before this status change. View the enacted source.

Where, on the transfer of a mortgage, the stamp duty, if payable according to the amount of the debt transferred, would exceed the sum of ten shillings, a purchaser shall not, by reason only of the transfer bearing a ten-shilling stamp, whether adjudicated or not, be deemed to have or to have had notice of any trust, or that the transfer was made for effectuating the discharge of a trustee or the appointment of a new trustee.

This section applies to transfers made before as well as after the commencement of this Act.

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Reuse reviewed 21 August 2026 under Open Government Licence v3.0.