it is mandatory to use
prescribed clauses in leases from 9 January 2006
b.
the advantage of using
prescribed clauses from 9 January is that you no longer have
to make separate applications to register a
restriction
c.
it is optional to use
prescribed clauses in leases from 19 June 2006
d.
none of the
above
Commentary: Most firms will start
using prescribed clauses in their leases after 9 January
when the provisions become optional, but not mandatory
(it is not until 19 June 2006 that they have to be
used). The advantage of voluntarily using prescribed
clauses from 9 January (apart from familiarising
yourself with the new system) is that you no longer have
to make separate applications to register a restriction.
The LR is keen to ease the pain for practitioners so as
to ensure the minimum number of errors (and so reduce
the LR's own workload) and has set up a dedicated
prescribed clauses leases helpline on 0870 908 8062.
