s 33 Contingent interests
33.—(1) A new folio must not be created in favour of —(a) a person entitled to a bare power of appointment over land; or (b) a person or class of persons entitled only to a contingent interest in land. (2) Any instrument creating an interest mentioned in subsection (1) must be registered by entering a memorial thereof on the current folio evidencing the title to the land in question. (3) For the purposes of this section, persons entitled in default of execution of a power of appointment, or who are unascertained at the date of entry of such a memorial, are deemed to have contingent interests. —(1) A new folio must not be created in favour of —(a) a person entitled to a bare power of appointment over land; or (b) a person or class of persons entitled only to a contingent interest in land. (2) Any instrument creating an interest mentioned in subsection (1) must be registered by entering a memorial thereof on the current folio evidencing the title to the land in question. (3) For the purposes of this section, persons entitled in default of execution of a power of appointment, or who are unascertained at the date of entry of such a memorial, are deemed to have contingent interests.