107Profits à prendre

107 Profits à prendre

(1)  *[Section 107 Subsection (1) amended by No. 21 of 1996, s. 19 ]*A profit à prendre may be granted by an instrument in an approved form, which shall indicate clearly the nature of the profit à prendre, the period for which it is to be enjoyed, and whether it is to be enjoyed –

(a) in gross or as appurtenant to other land; and

(b) [Section 107 Subsection (1) amended by No. 23 of 2021, s. 89, Applied:01 Jan 2022] by the grantee exclusively or by the grantee in common with the grantor.

(2)  The Recorder shall register the instrument referred to in subsection (1)  –

(a) by recording it on the folio of the Register or the registered lease which it burdens; and

(b) where it is appurtenant to registered land, by recording it on the folio of the Register or registered lease evidencing title to that land.