§ Mr. Gordon PrenticeTo ask the Parliamentary Secretary, Lord Chancellor's Department what assessment he has made of the benefits and disbenefits of extending section 123 of the Land Registration Act 1925 to conveyances which do not accompany a transfer of the beneficial interest in the land. [12212]
§ Mr. Jonathan EvansThe recommendations for the introduction of legislation to extend the compulsory registration of title provisions of section 123 of the Land Registration Act 1925 to various categories of disposition did not include extending compulsory registration at present to conveyances which do not accompany a transfer of the beneficial interest. This was because responses to the consultation document on extending section 123, issued by the Land Registry in November 1992, received general support but included reservations about extending the section to such conveyances—paragraphs 2.5 to 2.7 of the first report of a joint working group on the implementation of the Law Commission's third and fourth reports on land registration, Law Corn. No.235, Cm 2950. Paragraph 2.6 of the first report proposed that matters—including the extension of section 123 to such conveyances—identified as having insufficient support to justify further action at present should be reviewed again after a period of five years.