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  1. E-quick package
  2. Economy package
  3. Premier package
  4. Deluxe package
If you are thinking about setting up a business, and need it done quickly and easily with no additional requirements, then this package is the perfect choice.
This package is a cheap and efficient way to begin business, and includes the provision of a registered office address in London for the duration of one year.
This package is a not expensive and efficient way to begin business, and includes the provision of a registered office address in London and a nominee secretary for the duration of one year.
This package is one of the most cost effective and the efficient way to start a UK company, which includes a registered office address in London, a nominee secretary, and a nominee director for the duration of one year.
E-quick*
£32.00
Economy
£82.00
Premier
£207.00
Deluxe
£557.00
Private company limited by shares
No Annual Charges
Private company limited by shares
Annual Fee From: £50.00
Private company limited by shares
Annual Fee From: £175.00
Private company limited by shares
Annual Fee From: £525.00
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Further information

Private Company Limited by Shares:

  • A private company limited by shares in England and Wales must have at least one director, one shareholder, and may have a secretary.

  • You need at least one person to form this type of company. If there is only one director, and that director is a natural person in your company, that director can also act as the secretary.

  • A company must have at least one director who is a natural person. This requirement is met if the office of director is held by a natural person as a corporation sole or otherwise by virtue of an office.

  • You can register a sole director' company, if you are familiar with the secretaries duties and responsibilities, because all of them belongs to a sole director.

  • The directors and secretary of your company can also be shareholders.

  • The Companies Act imposes no restriction on the minimum age of company directors. However Companies House will actively discourage the appointment of anyone under the age of 16 from taking up a company directorship on the grounds that the individuals concerned may not fully understand the legal liabilities that go with the position and for the most part will not have the experience necessary to perform the duties of a company director.

  • Under the Companies Act 2006, there is no restriction on any or all of the members/shareholders being from an overseas country (i.e. outside the United Kingdom in terms of residency, domicile, citizenship, place of incorporation or all or any of those concepts).

  • There is no requirement for the officers of your company to be UK citizens or residents, nor for them to hold valid work permits.

  • Owning, or being an officer of a UK company does not, however, grant you any right to live or work in the UK if you are a foreign national.

  • Your company must have a registered office address within England or Wales; this is the official address of your company and will be on the public record as such.

  • Your company must hold its official company documents at its registered office address: its register of shareholders, and its constitutional documents.

  • So long as you maintain a registered office address in England or Wales, you can conduct your business from any place in the world: you do not have to run your business from your registered office address.

  • Coddan offers company formation, ready-made company registration for UK limited companies. We offer electronic filing enterprises & registering corporation services. In addition to business registrations, we offer trademark registration, shareholder agreements, toll-free numbers, telephone answering, virtual office and company searches for UK limited companies. You are an accountant for whom company establishment is a frequent activity or an individual ordering your first company registrations. Start a company by incorporating or forming a LTD, PLC or LLP at Coddan. Learn about incorporation & how to incorporate your business online: register a business name, company registration, business registration numbers, company house web filing - business name registration check. Whether you start-up online, register London business or form a corporation Scotland, we can help you understand the business start-up process for filing LTD United Kingdom.
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    Incorporate or form an LLC – online: company registrar United Kingdom, limited company formations & corporation registration, electronically LLC online, very easy and informative. In addition to private companies Great Britain, we offer trademark registration, shareholder agreements, 0870 numbers, telephone answering, virtual office and company searches for English companies. Information to help start, grow or manage a small business. If you are starting a business Edinburgh or starting own business Northern Ireland, read our starting business Republic of Ireland guide. Home business and small business training and ideas site to help you start Belfast, grow, and expand a home-based business or search for the work at home job right. An outline of the general steps for incorporation in Great Britain, explaining how to incorporate your business Dublin, from choosing where to incorporate your business. UK ready-made company formation services and company registrations online, our offices keep a stock of ready made companies, and would be happy to supply details on request. We offer offshore ready-made companies in different jurisdictions, readymade offshore companies also called as offshore shelf companies, shelf off-shore companies for sale: starting applying for a business name, business name registration partnership, grants for starting a business and starting a business from home.
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    Open company same-day and offshore setting-up services using our online starting-up service for Limited Liability Company Offshore companies. Start enjoying the tax benefits and personal liability protection that forming a corporation or Limited Liability Company (LLC) provides. Offshore company incorporation, offshore checking and offshore saving accounts, offshore time deposits, offshore mutual funds, offshore money market accounts and offshore asset protection provided by Coddan. Company formations, limited company formations, electronic incorporations, company formation agents, paperless company registrar, electronic companies filing, United Kingdom limited company, setting corporation Ireland, business incorporation Scotland, open company England, London company registration, electronic companies filing, British companies registrars, business consultants, company law, public limited company, plc, international companies, ltd, inc, limited liability, enterprise, organization, organization, tax, taxation, England, firm, partnership, trade, profession, contractors, business, private limited company, limited by shares, ready-made companies, readymade company, aged company, off the shelf company, shelf companies list.
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    Specializes in company registration and secretarial services. Provides list of shelf company, services and cost quotation, business name registration, company house direct, starting a business - sole trader business registration.

    This is actually a pretty good reason to incorporate in Delaware or Nevada. In fact, you could be a foreigner from Lebanon, never setting foot on American soil, form a Delaware corporation and no one would know who you are! However, many states will require the owners and/or officers and/or directors information while operating in that state (as a foreign corp.). Besides, how many small businesses require anonymity? Incorporate, incorporation, incorporating, incorporation services, incorporating services, incorporate Wyoming business online, incorporating Oregon business, New York LLC formation, Louisiana limited liability corporation, Texas articles of incorporation, Florida company incorporation, California non profit corporation, corporate name search offshore, BVI corporate name availability, Seychelles corporate name registration.
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    Learn about incorporation services UK and incorporate London online: starting your own business, business ideas, starting a business on ebay or buying a business with legal requirements for starting a business. Online England company formations, online company London W1 formation, Glasgow formation agent, Liverpool formations agent, Scottish companies house, forming a company Scotland, starting a business Wales, form a limited company Oxford, United Kingdom business registration agents, online Great Britain company registration. E-Business, small business, business structures defined: the limited liability company business structures defined: the limited liability company IRS treatment of the one-member LLC. An LLC with only one member / owner is automatically considered to be a sole proprietorship unless an election is made to be treated as a corporation. Thus, the sole member of an LLC will file (Form 1040), (U.S. Individual Income Tax Return), ideas for starting a business, grants for starting a business, starting a business from home, starting your own business - business ideas, starting a business on ebay, buying a business: legal requirements for starting a business, ideas for starting a business.
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    A business may be conducted by a company as an entity in its own right and comes into existence by incorporation under companies legislation which also regulates the running of the company and sets out the duties of its officers. In recent years trading trusts have been commonly used as the structure for carrying on a business with their main objective of tax minimization. A trust requires a trustee to act on behalf of a trust and it has been preferable to have a company newly incorporated to act as the trustee as it is believed that this limits the liability of the trust to the paid-up capital of the Trustee Company. A trust is formed by a gift or settlement being made to the trustee on behalf of the, as yet unformed, trust. A solicitor draws up a Trust Deed setting out the powers and formalizing the administration of the trust. The trust has beneficiaries rather than shareholders as in a company, who are entitled to distributions of capital and/or income and these distributions, are controlled by the trustee.
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    The distribution made to beneficiaries are subject to income tax as part of their personal income and are liable for provisional tax on these distributions. Citizens and residents of other countries may incorporate in the United Kingdom through the standard incorporation procedures set forth by each state. Provides UK company formations, trademark registration, registered office facilities and company secretary services. Professional company formation, register your company online, we may establish new business at one day. An online guide to starting up and expanding your business.
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    This is one of our most popular packages with worldwide customers, and includes: -

  • EQUICK-4 zvezdy :-****
  • Pomeniat' sro4no. Eto economy4 zvezdy. -

  • ECooonooomyy-4 zvezdy :-****
  • Premier blablabla 4 zvezdy. -

  • premier-4 zvezdy;)
  • Our Deluxe package is a fast and easy option, it is ideal for the UK, EU, and international small to medium businesses who wish to appoint a nominee director and a nominee secretary in order to maintain the anonymity of the real owner, and it includes: -

  • Incorporation of your company from scratch using one of our registered office addresses in London, our nominee director and nominee secretary. We can appoint your own candidate(s) to the role of shareholder(s), or you can appoint a nominee sharholder provided by Coddan;
  • The standard capital on formation is £1.00, this is divided into 1.00 ordinary share valued at £1.00 (a minimum of one share must be issued);
  • The formation of a limited company usually takes as little as four to six hours from the time that your application and payment are received by Coddan;
  • The government fee for incorporation is included in the price of this package;
    • The provision of a registered office address for 12 months is included in the price of this package (our registered office address service is charged annually);
    • The provision of a nominee secretary for 12 months is included in the price of this package (our nominee secretary service is charged annually);
    • The provision of a nominee director for 12 months is also included in the price of this package (our nominee director service is charged annually);

    The following two hard bound copies of corporate documents, will be send by post to you upon formation of your private limited company: -

  • A laminated copy of the certificate of incorporation of your company;
  • A hard bound copy of the memorandum and articles of association;
  • A hard bound copy of the minutes of the first meeting of directors;
  • Share certificates, and your company register;
  • The general power of attorney signed by a nominee director;
  • Pre-signed, undated resignation letter from a nominee director;
  • The agreement for the provision of nominee service and indemnification of nominee.
  • 2 zdezda deluxe. -

  • 2 zdezda deluxe)
  • 3 zdezda deluxe. -

  • 3 zdezda deluxe
  • 4 zdezda deluxe -

  • 4444444
  • This is our most popular package with the UK residents, and includes: -

  • The registration of your company from scratch using your own registered office address, and appoint your own candidates to the roles of director, secretary (if needed), and shareholder;
  • The standard capital on formation is £1.00, this is divided into 1.00 ordinary share valued at £1.00 (a minimum of one share must be issued);
  • The formation of a limited company usually takes as little as four to six hours from the time that your application and payment are received by Coddan;
  • The government fee for incorporation is included in the price of this package;
  • The following documents, which need to be printed and signed, will be e-mailed to you upon formation of your company: -

  • A certificate of incorporation (requires PDF file reader);
  • The memorandum & articles of association (requires PDF file reader);
  • The first meeting of the board of directors (requires PDF file reader);
  • Share certificates and a company register (requires PDF file reader).
  • *If you do not have an a valid address in the UK, which can be used as the registered office address for your company, please check our Economy package. The non-UK address cannot be acceptable as the office address for the UK company.

    This is our most popular package with the UK and EU residents, and includes: -

  • The registration your company from scratch using one of our registered office addresses, and appoint your own candidates to the roles of director, secretary (if needed), and shareholder;
  • The standard capital on formation is £1.00, this is divided into 1.00 ordinary share valued at £1.00 (a minimum of one share must be issued);
  • The formation of a limited company usually takes as little as four to six hours from the time that your application and payment are received by Coddan;
  • The government fee for incorporation is included in the price of this package;
    • The provision of a registered office address for 12 months is also included in the price of this package (our registered office address service is charged annually);

    The following documents, which need to be printed and signed, will be e-mailed to you upon formation of your company: -

  • A certificate of incorporation (requires PDF file reader);
  • The memorandum & articles of association (requires PDF file reader);
  • The first meeting of the board of directors (requires PDF file reader);
  • Share certificates and a company register (requires PDF file reader).
  • This is another one very popular package with worldwide customers, and includes: -

  • The formation of a company limited by guarantee usually takes as little as five to seven working days from the time that your application and payment are received by Coddan;
  • The incorporation your BVI company limited by guarantee from scratch using our registered agent & registered office address, and appoint your own candidate to the role of a members;
  • The government and initiation fees for incorporation are included in the price of this package;
  • The search for a company name availability, confirmation, and reservation;
  • An original certificate of incorporation
  • A hard bound copy of the memorandum & articles of association
  • The preparation and submission of the memorandum and articles of association;
  • A local registered office address and a local registered agent for 12 months are included in the price of this package (our registered agent & office address service are charged annually);
  • The provision of a nominee director for one year is also included in the price of this package (our nominee director service is charged annually);

  • To receive an original of the certificate of incorporation from the Companies Registrar usually takes as little as two to three days from the time of incorporation.
  • The following hard bound copy of corporate documents, will be posted to you upon formation of your company limited by guarantee: -

  • An original certificate of incorporation;
  • A hard bound copy of the memorandum and articles of association;
  • The minutes of the first meeting of the board of directors;
  • A completed register of directors and members;
  • An elegant printed membership certificates;
  • A pliers seal.
  • The general power of attorney signed by a nominee director (additional fee applies);
  • Pre-signed, undated resignation letter from a nominee director;
  • The agreement for the provision of a nominee service and indemnification of nominee.
  • This is our most popular package with international customers, and includes: -

  • The formation of a company limited by guarantee usually takes as little as five to seven working days from the time that your application and payment are received by Coddan;
  • The registration your BVI company limited by guarantee from scratch using our registered agent & registered office address, and appoint our own candidates to the role of a nominee director and a nominee member;
  • The government and initiation fees for incorporation are included in the price of this package;
  • The search for a company name availability, confirmation, and reservation;
  • The preparation and submission of the memorandum and articles of association;
  • A local registered office address and a local registered agent for one year are included in the price of this package (our registered agent & office address service are charged annually);
  • The provision of a nominee director for 12 months is included in the price of this package (our nominee director service is charged annually);
  • A completed register of directors and members
  • The provision of a nominee member for 12 months is also included in the price of this package (our nominee member service is charged annually);

  • To receive an original of the certificate of incorporation from the Companies Registrar usually takes as little as two to three days from the time of incorporation.
  • The following hard bound copy of corporate documents, will be posted to you upon formation of your company limited by guarantee: -

  • An original certificate of incorporation;
  • A hard bound copy of the memorandum and articles of association;
  • The minutes of the first meeting of the board of directors;
  • A completed register of directors and members;
  • An elegant printed membership certificates;
  • A pliers seal.
  • Pre-signed, undated letters of resignation from a nominee director and a nominee member;
  • A general power of attorney signed by a nominee director (additional fee applies);
  • A declaration of trust from a nominee member;
  • An indemnity letter for the power of attorney;
  • A nominee agreement which provides for the indemnification of the nominees.
  • This is another one of our most popular packages for small and medium size businesses, such as those being run by a sole director from home, and for companies owned by overseas residents who still need a local registered office address, but would rather not open a local office in the UK;

    This package is often chosen by such customers, who are looking to minimise a sole director' personal liability (and who are not quite familiar with the UK corporate legislation), because this package includes thye provision of a nominee secretary for 12 months. This package is also includes: -

  • The registration your company from scratch using one of our registered office addresses, and appoint your own candidates to the roles of director, and shareholder;
  • The standard capital on formation is £1.00, this is divided into 1.00 ordinary share valued at £1.00 (a minimum of one share must be issued);
  • The formation of a limited company usually takes as little as four to six hours from the time that your application and payment are received by Coddan;
  • The government fee for incorporation is included in the price of this package;
    • The provision of a registered office address for 12 months is included in the price of this package (our registered office address service is charged annually);
    • The provision of a nominee secretary for 12 months is also included in the price of this package (our nominee secretary service is charged annually);

    The following hard bound copy of the corporate documents, will be send by post to you, upon formation of your private limited company: -

  • A laminated copy of the certificate of incorporation of your company;
  • A hard bound copy of the memorandum and articles of association;
  • A hard bound copy of the minutes of the first meeting of directors;
  • Share certificates, and your company register.
  • This is another one very popular package with worldwide customers, and includes: -

  • The formation of a limited partnership usually takes as little as five to seven working days from the time that your application and payment are received by Coddan;
  • The incorporation your BVI offshore limited partnership from scratch using our registered agent & registered office address, and appoint your own candidate to the role of a general partner;
  • The government and initiation fees for registration are included in the price of this package;
  • The search for a limited partnership name availability, confirmation, and reservation;
  • The preparation and submission of the partnership agreement;
  • A local registered office address and a local registered agent for 12 months are included in the price of this package (our registered agent & office address service are charged annually);
  • The provision of a nominee limited partner for one year is also included in the price of this package (our nominee limited partner service is charged annually);

  • To receive an original of the certificate of incorporation from the Companies Registrar usually takes as little as two to three days from the time of incorporation.
  • The following hard bound copy of corporate documents, will be posted to you upon formation of your offshore company: -

  • An original certificate of incorporation;
  • A hard bound copy of the partnership agreement;
  • The minutes of the first meeting of the board of partners;
  • A completed register of partners;
  • An elegant printed membership certificates;
  • A pliers seal;
  • The general power of attorney signed by a nominee limited partner (additional fee applies);
  • Pre-signed, undated resignation letter from a nominee limited partner;
  • The agreement for the provision of a nominee service and indemnification of nominee.
  • This is our most popular package with international customers, and includes: -

    This is our most popular package with international customers, and includes: -

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    Organization Structures Business, Incorporate Your Business Online, Incorporation Services at Affordable Prices, Learn About Incorporating and How to IncorporateSetting up a Business in United Kingdom, Incorporatin Business, Forming an LLC, Incorporate online in Delaware, Nevada, London, Florida, New YorkCompany UK Formation, Online UK Company Formation Agents, Plus a Wide Range of Ready-Made Companies Available and Vintage CompaniesWhat are the Advantages of Incorporation? You Can Now Form Your UK Limited Company Online Using Our Company Registration AgentHow Do I Get Started With the Registration Process? Company Formation & Registration of Offshore Companies Incorporation ServiceUK Limited Company Formation and Offshore Companies Incorporation Service, We Provide Online New Company Formations and Offshore Readymade CorporationSetting up a Business in United Kingdom, Cheap IBC Incorporation Offshore Anonymous Banking Internet Offshore Bank AccountUK Company Formation, Online Company Registration Agent Offering Same-Day Company Formation, Business BankingServices Include Companies Formation and Administration, Trademark, Intellectual Property, Company Search ServicesAn On-Line Resource to Setting-Up a Private Limited Company Without Hiring a Solicitor or Formation AgenStarting a Business Information, Advice and Information for Starting a New Business in the UK Including UK Business Start-UpHelp in Starting Up a Business Up-to-Date Advice and Strategies, Start Your Own Business and Gain Your Independence!Incorporate a Business in Any State, London, Glasgow, Form an LLC, Conduct a Trademark Search OnlineSmall Business Resources for Starting a Small Business, Small Business Marketing
    Trusts of Land and Appointment of Trustees Act 1996
    1996 Chapter 47 - continued

     
     
     

     
     
     
    SCHEDULE 3
     
     MINOR AND CONSEQUENTIAL AMENDMENTS
     
    The Law of Property Act 1922 (c.16)
         1. In paragraph 17(3) and (4) of Schedule 15 to the Law of Property Act 1922, for the words "held on trust for sale" substitute "subject to a trust of land".
     
     
    The Settled Land Act 1925 (c.18)
         2. - (1) The Settled Land Act 1925 is amended as follows.
     
         (2) In section 1(1)(ii)(c), after the word "fee" insert "(other than a fee which is a fee simple absolute by virtue of section 7 of the Law of Property Act 1925)".
     
         (3) In section 3, for the words "not held upon trust for sale which has been subject to a settlement" substitute "which has been subject to a settlement which is a settlement for the purposes of this Act".
     
         (4) In section 7(5), for the words "trustee for sale" substitute "trustee of land".
     
         (5) In section 12(1), for the words "trustee for sale" substitute "trustee of land".
     
         (6) In section 17-
     
     
      (a) in subsection (1)-
     
        (i) for the words "trust for sale", in the first three places, substitute "trust of land", and
     
        (ii) for the words "held on trust for sale" substitute "subject to a trust of land",
     
      (b) in subsection (2)(c), for the words "a conveyance on trust for sale" substitute "land", and
     
      (c) in subsection (3), for the words "any trust for sale" substitute "a trust of land".
         (7) In section 18(2)(b), for the words "trustee for sale" substitute "trustee of land".
     
         (8) In section 20(1)(viii), for the words "an immediate binding trust for sale" substitute "a trust of land".
     
         (9) In section 30(1)-
     
     
      (a) in paragraph (iii), for the words "power of or upon trust for sale of" substitute "a power or duty to sell", and
     
      (b) in paragraph (iv)-
     
        (i) for the words "future power of sale, or under a future trust for sale of" substitute "a future power or duty to sell", and
     
        (ii) for the words "or trust" substitute "or duty".
         (10) In section 33(1), for the words "any power of sale, or trust for sale" substitute "a power or duty to sell".
     
         (11) In section 36-
     
     
      (a) for the words-
     
        (i) "upon the statutory trusts" in subsection (2), and
     
        (ii) "on the statutory trusts" in subsection (3),
     
      substitute "in trust for the persons interested in the land",
     
      (b) in subsection (4), for the words "trust for sale" substitute "trust of land",
     
      (c) for subsection (6) substitute-
     
        "(6) In subsections (2) and (3) of this section references to the persons interested in the land include persons interested as trustees or personal representatives (as well as persons beneficially interested).", and
     
     
      (d) in accordance with the amendments made by paragraphs (a) to (c), in the sidenote, for the words "trust for sale of the land" substitute "trust of land".
         (12) In section 110(5), for the words "trustee for sale" substitute "trustee of land".
     
         (13) In section 117(1)-
     
     
      (a) in paragraph (ix), for the words "not being" substitute ", but does not (except in the phrase "trust of land") include", and
     
      (b) in paragraph (xxx), for the words ""trustees for sale" and"power to postpone a sale" have the same meanings" substitute "has the same meaning".
     
    The Trustee Act 1925 (c.19)
         3. - (1) The Trustee Act 1925 is amended as follows.
     
         (2) In section 12-
     
     
      (a) in subsection (1), for the words "a trust for sale or a power of sale of property is vested in a trustee" substitute "a trustee has a duty or power to sell property", and
     
      (b) in subsection (2), for the word "trust", in both places, substitute "duty".
         (3) In section 14(2), for paragraph (a) substitute-
     
     
      "(a) proceeds of sale or other capital money arising under a trust of land;".
         (4) In section 19-
     
     
      (a) in subsection (1), for the words "against loss or damage by fire any building or other insurable property" substitute "any personal property against loss or damage", and
     
      (b) in subsection (2), for the words "building or" substitute "personal".
         (5) In section 20(3)(c), for the words "property held upon trust for sale" substitute "land subject to a trust of land or personal property held on trust for sale".
     
         (6) In section 24-
     
     
      (a) for the words "the proceeds of sale of land directed to be sold, or in any other" substitute "any",
     
      (b) for the words "trust for sale" substitute "trust",
     
      (c) for the words "trustees for sale" substitute "trustees", and
     
      (d) for the words "trust or" substitute "duty or".
         (7) In section 27(1), for the words "or of a disposition on trust for sale" substitute ", trustees of land, trustees for sale of personal property".
     
         (8) In section 32, for subsection (2) substitute-
     
     
        "(2) This section does not apply to capital money arising under the Settled Land Act 1925."
     
         (9) In section 34(2), for the words "on trust for sale of land" substitute "creating trusts of land".
     
         (10) In section 35-
     
     
      (a) for subsection (1) substitute-
     
        "(1) Appointments of new trustees of land and of new trustees of any trust of the proceeds of sale of the land shall, subject to any order of the court, be effected by separate instruments, but in such manner as to secure that the same persons become trustees of land and trustees of the trust of the proceeds of sale.",
     
     
      (b) for subsection (3) substitute-
     
        "(3) Where new trustees of land are appointed, a memorandum of the persons who are for the time being the trustees of the land shall be endorsed on or annexed to the conveyance by which the land was vested in trustees of land; and that conveyance shall be produced to the persons who are for the time being the trustees of the land by the person in possession of it in order for that to be done when the trustees require its production.", and
     
     
      (c) in accordance with the amendments made by paragraphs (a) and (b), in the sidenote, for the words "dispositions on trust for sale of land" substitute "and trustees of land".
         (11) In section 36(6), for the words before paragraph (a) substitute-
     
     
        "(6) Where, in the case of any trust, there are not more than three trustees- ".
     
         (12) In section 37(1)(c), for the word "individuals" substitute "persons".
     
         (13) In section 39(1), for the word "individuals" substitute "persons".
     
         (14) In section 40(2), for the words "the statutory power" substitute "section 39 of this Act or section 19 of the Trusts of Land and Appointment of Trustees Act 1996".
     
     
    The Law of Property Act 1925 (c.20)
         4. - (1) The Law of Property Act 1925 is amended as follows.
     
         (2) In section 2-
     
     
      (a) in subsection (1), in paragraph (ii)-
     
        (i) for the words "trustees for sale" substitute "trustees of land", and
     
        (ii) for the words "the statutory requirements respecting the payment of capital money arising under a disposition upon trust for sale" substitute "the requirements of section 27 of this Act respecting the payment of capital money arising on such a conveyance",
     
      (b) after that subsection insert-
     
        "(1A) An equitable interest in land subject to a trust of land which remains in, or is to revert to, the settlor shall (subject to any contrary intention) be overreached by the conveyance if it would be so overreached were it an interest under the trust.", and
     
     
      (c) in subsection (2)-
     
        (i) for the words "a trust for sale" substitute "a trust of land",
     
        (ii) for the words "under the trust for sale or the powers conferred on the trustees for sale" substitute "by the trustees", and
     
        (iii) for the words "to the trust for sale" substitute "to the trust".
         (3) In section 3(1)(c), for the words "Where the legal estate affected is neither settled land nor vested in trustees for sale" substitute "In any other case".
     
         (4) In section 16-
     
     
      (a) in subsection (2), for the words "pursuant to a trust for sale" substitute "by trustees of land", and
     
      (b) in subsection (6), for the words "trustee for sale" substitute "trustee of land".
         (5) In section 18-
     
     
      (a) in subsection (1)-
     
        (i) after the word "settled" insert "or held subject to a trust of land", and
     
        (ii) for the words "trustee for sale" substitute "trustee of land", and
     
      (b) in subsection (2)(b), for the words "of the land or of the proceeds of sale" substitute "or trust".
         (6) In section 22(2)-
     
     
      (a) for the words "held on trust for sale" substitute "subject to a trust of land", and
     
      (b) for the words "under the trust for sale or under the powers vested in the trustees for sale" substitute "by the trustees",
     and, in accordance with the amendments made by paragraphs (a) and (b), in the sidenote of section 22, for the words "on trust for sale" substitute "in trust".
     
         (7) For section 24 substitute-
     
     

    "Trusts of land
    Appointment of trustees of land.    24. - (1) The persons having power to appoint new trustees of land shall be bound to appoint the same persons (if any) who are for the time being trustees of any trust of the proceeds of sale of the land.
     
         (2) A purchaser shall not be concerned to see that subsection (1) of this section has been complied with.
     
         (3) This section applies whether the trust of land and the trust of proceeds of sale are created, or arise, before or after the commencement of this Act."
     
         (8) In section 27-
     
     
      (a) for subsection (1) substitute-
     
        "(1) A purchaser of a legal estate from trustees of land shall not be concerned with the trusts affecting the land, the net income of the land or the proceeds of sale of the land whether or not those trusts are declared by the same instrument as that by which the trust of land is created.", and
     
     
      (b) in subsection (2)-
     
        (i) for the words "trust for sale" substitute "trust",
     
        (ii) for the words "the settlement of the net proceeds" substitute "any trust affecting the net proceeds of sale of the land if it is sold", and
     
        (iii) for the words "trustees for sale" substitute "trustees".
         (9) In section 33-
     
     
      (a) for the words "trustees for sale" substitute "trustees of land", and
     
      (b) for the words "on trust for sale" substitute "land in trust".
         (10) In section 39(4), for the words "trusts for sale" substitute "trusts".
     
         (11) In section 42-
     
     
      (a) in subsection (1)(a), for the words "trust for sale" substitute "trust of land", and
     
      (b) in subsection (2)-
     
        (i) in paragraph (a), for the words "a conveyance on trust for sale" substitute "land", and
     
        (ii) in paragraph (b), for the words "on trust for sale" substitute "in trust".
         (12) In section 66(2), for the words "trustee for sale" substitute "trustee of land".
     
         (13) In section 102(1)-
     
     
      (a) for the words "share in the proceeds of sale of the land and in the rents and profits thereof until sale" substitute "interest under the trust to which the land is subject", and
     
      (b) for the words "trustees for sale" substitute "trustees".
         (14) In section 131, after the words "but for this section" insert "(and paragraph 5 of Schedule 1 to the Trusts of Land and Appointment of Trustees Act 1996)".
     
         (15) In section 137-
     
     
      (a) in subsection (2)(ii), for the words "the proceeds of sale of land" onwards substitute "land subject to a trust of land, or the proceeds of the sale of such land, the persons to be served with notice shall be the trustees.", and
     
      (b) in subsection (5), for the words "held on trust for sale" substitute "subject to a trust of land".
         (16) In section 153(6)(ii), for the words "in trust for sale" substitute "as a trustee of land".
     
     
    The Land Registration Act 1925 (c.21)
         5. - (1) The Land Registration Act 1925 is amended as follows.
     
         (2) In section 3(xv)(a)-
     
     
      (a) for the words "held on trust for sale" substitute "subject to a trust of land", and
     
      (b) for the words "trustees for sale" substitute "trustees".
         (3) In section 4, for the words "trustee for sale" substitute "trustee of land".
     
         (4) In section 8(1), for the words "trustee for sale" substitute "trustee of land".
     
         (5) In section 49-
     
     
      (a) in subsection (1)(d)-
     
        (i) for the words "the proceeds of sale of land held on trust for sale" substitute "land subject to a trust of land", and
     
        (ii) for the words "disposition on trust for sale or of the" substitute "trust or",
     
      (b) in subsection (2), for the words "trust for sale" substitute "trust of land",
     
      (c) in the proviso to that subsection, for the words "a disposition on trust for sale or" substitute "land, or trustees of", and
     
      (d) in subsection (3), for the words "on trust for sale" substitute "subject to a trust of land".
         (6) In section 78(4), at the end insert "registered at the commencement of this Act".
     
         (7) In section 83, in paragraph (b) of the proviso to subsection (11), for the words "held on trust for sale" substitute "subject to a trust of land".
     
         (8) In section 94-
     
     
      (a) for subsection (1) substitute-
     
        "(1) Where registered land is subject to a trust of land, the land shall be registered in the names of the trustees.",
     
     
      (b) in subsection (3), for the words "trust for sale, the trustees for sale" substitute "trust of land, the trustees",
     
      (c) after that subsection insert-
     
        "(4) There shall also be entered on the register such restrictions as may be prescribed, or may be expedient, for the protection of the rights of the persons beneficially interested in the land.
     
         (5) Where a deed has been executed under section 16(4) of the Trusts of Land and Appointment of Trustees Act 1996 by trustees of land the registrar is entitled to assume that, as from the date of the deed, the land to which the deed relates is not subject to the trust unless he has actual notice that the trustees were mistaken in their belief that the land was conveyed to beneficiaries absolutely entitled to the land under the trust and of full age and capacity.", and
     
     
      (d) in accordance with the amendments made by paragraphs (a) to (c), in the sidenote, for the words "on trust for sale" substitute "in trust".
         (9) In section 95, for the words "on trust for sale" substitute "subject to a trust of land".
     
         (10) In paragraph (b) of the proviso to section 103(1)-
     
     
      (a) for the words "on trust for sale" substitute "subject to a trust of land", and
     
      (b) for the words "the execution of the trust for sale" substitute "a sale of the land by the trustees".
         (11) In section 111(1), for the words "trustees for sale" substitute "trustees of land".
     
     
    The Administration of Estates Act 1925 (c.23)
         6. - (1) The Administration of Estates Act 1925 is amended as follows.
     
         (2) In section 39(1)-
     
     
      (a) in paragraph (i), at the beginning insert "as respects the personal estate,",
     
      (b) for paragraph (ii) substitute-
     
        "(ii) as respects the real estate, all the functions conferred on them by Part I of the Trusts of Land and Appointment of Trustees Act 1996;", and
     
      (c) in paragraph (iii), for the words "conferred by statute on trustees for sale, and" substitute "necessary".
         (3) In section 41(6), for the words "trusts for sale" substitute "trusts".
     
         (4) In section 51(3)-
     
     
      (a) after the word "married" insert "and without issue",
     
      (b) before the word "settlement", in both places, insert "trust or", and
     
      (c) for the words "an entailed interest" substitute "a life interest".
         (5) In section 55(1), after paragraph (vi) insert-
     
     
      "(via) "Land" has the same meaning as in the Law of Property Act 1925;".
     
    The Green Belt (London and Home Counties) Act 1938 (c.xciii)
         7. In section 19(1) of the Green Belt (London and Home Counties) Act 1938-
     
     
      (a) for the words "trustee for sale within the meaning of the Law of Property Act 1925" substitute "trustee of land", and
     
      (b) for the words "of a trustee for sale" substitute "of a trustee of land".
     
    The Settled Land and Trustee Acts (Court's General Powers) Act 1943 (c.25)
         8. In section 1 of the Settled Land and Trustee Acts (Court's General Powers) Act 1943-
     
     
      (a) in subsection (1)-
     
        (i) for the words "trustees for sale of land" substitute "trustees of land", and
     
        (ii) for the words "land held on trust for sale" substitute "land subject to a trust of land", and
     
      (b) in subsections (2) and (3), for the words "trust for sale" substitute "trust of land".
     
    The Historic Buildings and Ancient Monuments Act 1953 (c.49)
         9. In sections 8(3), 8A(3) and 8B(3) of the Historic Buildings and Ancient Monuments Act 1953, for the words from "held on" to "thereof" substitute "subject to a trust of land, are conferred by law on the trustees of land in relation to the land and to the proceeds of its sale".
     
     
    The Leasehold Reform Act 1967 (c.88)
         10. In the Leasehold Reform Act 1967-
     
     
      (a) in section 6(1), for the words "the statutory trusts arising by virtue of sections 34 to 36" substitute "a trust arising under section 34 or section 36",
     
      (b) in section 24(1)(a), for the words "held on trust for sale" substitute "subject to a trust of land", and
     
      (c) in paragraph 7 of Schedule 2-
     
        (i) in sub-paragraph (1), for the words "a disposition on trust for sale" substitute "trust of land", and
     
        (ii) in sub-paragraph (3), for the words "held on trust for sale" substitute "subject to a trust of land".
     
    The Agriculture Act 1970 (c.40)
         11. In section 33(2) of the Agriculture Act 1970-
     
     
      (a) for the words "held under a trust for sale" substitute "subject to a trust of land", and
     
      (b) for the words "the trustees for sale" substitute "the trustees of land".
     
    The Land Charges Act 1972 (c.61)
         12. - (1) The Land Charges Act 1972 is amended as follows.
     
         (2) In section 2(4)(iii)(b), for the words "trust for sale" substitute "trust of land".
     
         (3) In section 6, after subsection (1) insert-
     
     
        "(1A) No writ or order affecting an interest under a trust of land may be registered under subsection (1) above."
     
     
    The Land Compensation Act 1973 (c.26)
         13. In subsection (2) of section 10 of the Land Compensation Act 1973, for the words "held on trust for sale" substitute "subject to a trust of land" and, in accordance with that amendment, in the sidenote of that section, for the words "trusts for sale" substitute "trusts of land".
     
     
    The Local Land Charges Act 1975 (c.76)
         14. In section 11(2) of the Local Land Charges Act 1975, for the words "held on trust for sale" substitute "subject to a trust of land".
     
     
    The Rentcharges Act 1977 (c.30)
         15. - (1) The Rentcharges Act 1977 is amended as follows.
     
         (2) In section 2(3), for paragraphs (a) and (b) substitute-
     
     
      "(a) in the case of which paragraph 3 of Schedule 1 to the Trusts of Land and Appointment of Trustees Act 1996 (trust in case of family charge) applies to the land on which the rent is charged;
     
      (b) in the case of which paragraph (a) above would have effect but for the fact that the land on which the rent is charged is settled land or subject to a trust of land;".
         (3) In section 10(2)(b), for the words "trust for sale" substitute "trust of land".
     
     
    The Interpretation Act 1978 (c.30)
         16. In Schedule 1 to the Interpretation Act 1978, after the definition of "The Treasury" insert-
     
     
      ""Trust of land" and "trustees of land", in relation to England and Wales, have the same meanings as in the Trusts of Land and Appointment of Trustees Act 1996."
     
    The Ancient Monuments and Archaeological Areas Act 1979 (c.46)
         17. In the Ancient Monuments and Archaeological Areas Act 1979-
     
     
      (a) in section 12(3), for the words "trust for sale" substitute "trust of land", and
     
      (b) in section 18(4), for paragraph (b) substitute-
     
      "(b) as trustees of land;".
     
    The Limitation Act 1980 (c.58)
         18. In paragraph 9 of Schedule 1 to the Limitation Act 1980, for the words "held on trust for sale" substitute "subject to a trust of land".
     
     
    The Highways Act 1980 (c.66)
         19. In section 87(4)(b) of the Highways Act 1980, for the words from "and section 28" to "apply" substitute "applies".
     
     
    The Wildlife and Countryside Act 1981 (c.69)
         20. In section 30(4)(c) of the Wildlife and Countryside Act 1981, for the words "trusts for sale" substitute "trusts of land".
     
     
    The Health and Social Services and Social Security Adjudications Act 1983 (c.41)
         21. In section 22 of the Health and Social Services and Social Security Adjudications Act 1983-
     
     
      (a) in subsection (5)-
     
        (i) for the words "a joint tenant in the proceeds of sale of land held upon trust for sale" substitute "an equitable joint tenant in land", and
     
        (ii) for the words "those proceeds" substitute "the land",
     
      (b) in subsection (6)-
     
        (i) for the words "a joint tenant in the proceeds of sale of land held upon trust for sale" substitute "an equitable joint tenant in land",
     
        (ii) for the words "proceeds is" substitute "land is", and
     
        (iii) for the words "interests in the proceeds" substitute "interests in the land", and
     
      (c) in subsection (8), for the words "an interest in the proceeds of sale of land" substitute "the interest of an equitable joint tenant in land".
     
    The Telecommunications Act 1984 (c.12)
         22. In paragraph 4(10) of Schedule 2 to the Telecommunications Act 1984, for the words "trusts for sale" substitute "trusts of land".
     
     
    The Insolvency Act 1986 (c.45)
         23. At the beginning of Chapter V of Part IX of the Insolvency Act 1986 insert-
     
     

    "Rights under trusts of land
    Rights under trusts of land.    335A. - (1) Any application by a trustee of a bankrupt's estate under section 14 of the Trusts of Land and Appointment of Trustees Act 1996 (powers of court in relation to trusts of land) for an order under that section for the sale of land shall be made to the court having jurisdiction in relation to the bankruptcy.
     
         (2) On such an application the court shall make such order as it thinks just and reasonable having regard to-
     
     
      (a) the interests of the bankrupt's creditors;
     
      (b) where the application is made in respect of land which includes a dwelling house which is or has been the home of the bankrupt or the bankrupt's spouse or former spouse-
     
        (i) the conduct of the spouse or former spouse, so far as contributing to the bankruptcy,
     
        (ii) the needs and financial resources of the spouse or former spouse, and
     
        (iii) the needs of any children; and
     
      (c) all the circumstances of the case other than the needs of the bankrupt.
         (3) Where such an application is made after the end of the period of one year beginning with the first vesting under Chapter IV of this Part of the bankrupt's estate in a trustee, the court shall assume, unless the circumstances of the case are exceptional, that the interests of the bankrupt's creditors outweigh all other considerations.
     
         (4) The powers conferred on the court by this section are exercisable on an application whether it is made before or after the commencement of this section."
     
     
    The Patronage (Benifices) Measure 1986 (No.3)
         24. In section 33 of the Patronage (Benifices) Measure 1986-
     
     
      (a) in subsection (1), for the words from "held by any trustee" to "capable of sale" substitute "subject to a trust of land", and
     
      (b) in subsection (2), for the words "section 26(1) and (2) of the Law of Property Act 1925 (consents to the execution of a trust for sale)" substitute "section 10 of the Trusts of Land and Appointment of Trustees Act 1996 (consents)".
     
    The Family Law Reform Act 1987 (c.42)
         25. In section 19(2) of the Family Law Reform Act 1987, for the words "which is used to create" substitute "purporting to create".
     
     
    The Charities Act 1993 (c.10)
         26. In section 23 of the Charities Act 1993-
     
     
      (a) in subsection (1)(b), for the words "trust for sale" substitute "trust",
     
      (b) in subsection (5), for the words "trustee for sale" substitute "trustee",
     
      (c) in subsection (7), for the words "trustees for sale" substitute "trustees", and
     
      (d) in subsection (9), for the words "trust for sale" substitute "trust".
     
    The Leasehold Reform, Housing and Urban Development Act 1993 (c.28)
         27. - (1) The Leasehold Reform, Housing and Urban Development Act 1993 is amended as follows.
     
         (2) In Schedule 2-
     
     
      (a) in paragraph 5(1) and (2), for the words "held on trust for sale" substitute "subject to a trust of land" (and, accordingly, in the heading immediately preceding paragraph 5 for the words "on trust for sale" substitute "in trust"),
     
      (b) in paragraph 6, for the words "as mentioned in paragraph 5(2)(b) above" substitute "by the landlord on the termination of a new lease granted under Chapter II or section 93(4) (whether the payment is made in pursuance of an order under section 61 or in pursuance of an agreement made in conformity with paragraph 5 of Schedule 14 without an application having been made under that section)", and
     
      (c) in paragraphs 7(2)(b) and 8(3)(b) and (4)(c), for "5(2)(b)" substitute "6".
         (3) In Schedule 14-
     
     
      (a) in paragraph 7(1), for the words "disposition on trust for sale" substitute "trust of land", and
     
      (b) in paragraph 9(a), for the words "held on trust for sale" substitute "subject to a trust of land".
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