Section 90 — Land Registration Act 2002: PPP leases relating to transport in London

PPP leases relating to transport in London 90 1 No application for registration under section 3 may be made in respect of a leasehold estate in land under a PPP lease.

2 The requirement of registration does not apply on the grant or transfer of a leasehold estate in land under a PPP lease.

3 For the purposes of section 27, the following are not dispositions requiring to be completed by registration—

a the grant of a term of years absolute under a PPP lease;

b the express grant of an interest falling within section 1(2) of the Law of Property Act 1925 (c. 20), where the interest is created for the benefit of a leasehold estate in land under a PPP lease.

4 No notice may be entered in the register in respect of an interest under a PPP lease.

5 Schedules 1 and 3 have effect as if they included a paragraph referring to a PPP lease.

6 In this section, “ PPP lease ” has the meaning given by section 218 of the Greater London Authority Act 1999 (c. 29) (which makes provision about leases created for public-private partnerships relating to transport in London).