s. 68 (3) For the purposes of this section the variation of a lease does not include any of the following— (a) a transfer or assignment of a lease; (b) an alteration of— (i) the term of a lease; or (ii) an area of leased land; or (iii) the parties to a lease. No. 5842 s. 68. 68 Foreclosure or surrender of mortgaged lease where lessee is bankrupt (1) Subject to the next succeeding subsection, on the S. 68(1) amended by bankruptcy of the registered proprietor of a lease Nos 9976 s. 11, 18/1989 of freehold land or of a perpetual Crown lease or s. 12(Sch. 1 of a Crown lease for years which is subject to one item 98), 39/2006 mortgage only, or to two or more mortgages of s. 6(1). which the same person is registered proprietor, the Registrar, on lodgment by the mortgagee of an application in an appropriate approved form accompanied by a statement in writing signed by the trustee in bankruptcy that such trustee disclaims the lease, shall make a recording of the disclaimer in the Register, and that recording shall operate as a foreclosure and transfer to the mortgagee of the interest of the bankrupt in the lease. (2) The lessor of freehold land or of a perpetual S. 68(2) amended by Crown lease or of a Crown lease for years may Nos 9976 s. 11, 18/1989 serve notice in writing on the mortgagee that after s. 12(Sch. 1 the expiration of a period of 30 days from the item 99), 39/2006 service of such notice he intends to apply for the s. 6(2), surrender of the lease; and if within such period 80/2009 s. 38. the mortgagee makes no application under the last preceding subsection he shall be deemed to have abandoned his rights thereunder and the Registrar, on lodgment by the lessor of an application in an appropriate approved form accompanied by a disclaimer of the trustee in bankruptcy as
(3) For the purposes of this section the variation of a lease does not include any of the following— (a) a transfer or assignment of a lease; (b) an alteration of— (i) the term of a lease; or (ii) an area of leased land; or (iii) the parties to a lease. No. 5842 s. 68. s. 68 68 Foreclosure or surrender of mortgaged lease where lessee is bankrupt S. 68(1) amended by Nos 9976 s. 11, 18/1989 s. 12(Sch. 1 item 98), 39/2006 s. 6(1). (1) Subject to the next succeeding subsection, on the bankruptcy of the registered proprietor of a lease of freehold land or of a perpetual Crown lease or of a Crown lease for years which is subject to one mortgage only, or to two or more mortgages of which the same person is registered proprietor, the Registrar, on lodgment by the mortgagee of an application in an appropriate approved form accompanied by a statement in writing signed by the trustee in bankruptcy that such trustee disclaims the lease, shall make a recording of the disclaimer in the Register, and that recording shall operate as a foreclosure and transfer to the mortgagee of the interest of the bankrupt in the lease. S. 68(2) amended by Nos 9976 s. 11, 18/1989 s. 12(Sch. 1 item 99), 39/2006 s. 6(2), 80/2009 s. 38. (2) The lessor of freehold land or of a perpetual Crown lease or of a Crown lease for years may serve notice in writing on the mortgagee that after the expiration of a period of 30 days from the service of such notice he intends to apply for the surrender of the lease; and if within such period the mortgagee makes no application under the last preceding subsection he shall be deemed to have abandoned his rights thereunder and the Registrar, on lodgment by the lessor of an application in an appropriate approved form accompanied by a disclaimer of the trustee in bankruptcy as
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