Section 76 — Credit Contracts and Consumer Finance Act 2003: Interest of occupier is caveatable interest

76 Interest of occupier is caveatable interest (1) The occupier under a buy-back transaction is to be treated as being entitled to, or to be beneficially interested in, the land for the purposes of section 137(1)(a) of the Land Transfer Act 1952 . (2) A term of a buy-back transaction is entirely of no effect if it— (a) prohibits the occupier from lodging with the Registrar (within the meaning of the Land Transfer Act 1952 ) a caveat against dealings in the land; or (b) otherwise restricts the ability of the occupier to lodge with the Registrar a caveat against dealings in the land.