Schedule 4A, paragraph 3(2)

The restriction must prohibit the registration of any disposition within section 27(2)(a), (b)(i) or (f) unless— the entity is a registered overseas entity, or is an exempt overseas entity, at the time of the disposition, the disposition is made in pursuance of a statutory obligation or court order, or occurs by operation of law, the disposition is made in pursuance of a contract made before the restriction is entered in the register, the disposition is made in the exercise of a power of sale or leasing conferred on the proprietor of a registered charge or a receiver appointed by such a proprietor, the Secretary of State gives consent under paragraph 5 to the registration of the disposition, or the disposition is made by a specified insolvency practitioner in specified circumstances.

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Source: legislation.gov.uk · retrieved 2026-08-15