Section 23

Owner’s powers in relation to a registered estate consist of— power to make a disposition of any kind permitted by the general law in relation to an interest of that description, other than a mortgage by demise or sub-demise, and power to charge the estate at law with the payment of money. Owner’s powers in relation to a registered charge consist of— power to make a disposition of any kind permitted by the general law in relation to an interest of that description, other than a legal sub-mortgage, and power to charge at law with the payment of money indebtedness secured by the registered charge. In subsection (2)(a), “legal sub-mortgage” means— a transfer by way of mortgage, a sub-mortgage by sub-demise, and a charge by way of legal mortgage.

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