HL Deb 30 January 1996 vol 568 c1438

MISCELLANEOUS

Sharing of "winkling money"

30.—(1) Where two spouses have a home in a dwelling-house (whether a house or part of a house) of which they have, or one of them has, a statutory tenancy under the Rent (Agriculture) Act 1976. or the Rent Act 1977, and either of them receives any pecuniary consideration in respect of the giving up of possession of the dwelling-house, the other shall be entitled to receive from that one a sum equal to half the net amount or value of that consideration. (2) For the purposes of this paragraph "pecuniary consideration" includes any consideration in money or money's worth other than land and interests in land; and the net amount or value of the pecuniary consideration received by a spouse is the amount or value of it reduced by the amount or value of any consideration which that spouse gives in order to enable possession of part of the dwelling-house to be obtained from another and given up.

Rules as respects registered and unregistered land

31. The powers of making rules under section 144 of the Land Registration Act 1925 and section 16 of the Land Charges Act 1972 shall include power to make provision for the purpose of implementing this Schedule.

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