Section 61(8)
Where any sale or disposal is effected in accordance with the authorisation of the court under subsection (2), the receiver shall grant to the purchaser or disponee an appropriate document of transfer or conveyance of the property or interest in question, and that document has the effect, or, where recording, intimation or registration of that document is a legal requirement for completion of title to the property or interest, then that recording, intimation or registration (as the case may be) has the effect, of— disencumbering the property or interest of the security, interest, burden or encumbrance affecting it, and freeing the property or interest from the diligence executed upon it.
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Source: legislation.gov.uk · retrieved 2026-09-04