I beg to move, in page 7, line 32, at the end, to insert:
5. Legal rentcharge on a hereditament to be a proprietary interest therein.
- (1) A rentcharge (including a fee farm rent) subsisting at law or capable of subsisting at law, and not being an interest or charge arising under a settlement within the meaning of the Settled Land Act, 1925, shall be a proprietary interest for the purposes of the pro- visions of the principal Act relating to payments in respect of war damage under Part I thereof.
- (2) In accordance with the preceding subparagraph there shall be added at the end of the definition in Section ninety-five of the expression 'proprietary interest' a provision that that expression includes, in relation to a hereditament, such a rentcharge as aforesaid subsisting in the land comprised in the hereditament or in any part of that land, that is to say, issuing thereout or charged thereon.
- (3) This paragraph shall not apply to Scotland.
- (4) In the application of this paragraph to Northern Ireland, for any reference to the Settled Land Act, 1925, there shall be substituted a reference to the Settled Land Acts, 1882 to 1890.
6. Superiority and ground annual on a hereditament to be a proprietary interest therein.
- (1) The estate or interest of the superior of any land comprised in a hereditament or or of any part of such land and the right of the creditor in a security by way of ground annual over such land or part shall each be a proprietary interest for the purposes of the provisions of the principal Act relating to payments in respect of war damage under Part I thereof.
- (2) This paragraph shall apply to Scotland only."