Section 66 Property and Conveyancing Law (PCL) Nigeria 1959

Section 66 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Transitional provisions in First Schedule. It provides as follows:

For the purpose of effecting the transition from the law existing prior to the
commencement of this Law to the law enacted hereby the provisions set out in the First Schedule hereto shall have effect

(1) for converting existing legal estates, interests and charges not capable under the said Law of taking effect as legal interests into equitable interests;

(2) for discharging, getting in or vesting outstanding legal estates;

(3) for making provision with respect to legal estates vested in infants;

(4) for subjecting land held in undivided shares to trusts for sale;

(5) for dealing with party structures and open spaces held in common;

(6) for converting existing freehold mortgages into mortgages by demise;

(7) for converting existing leasehold mortgages into mortgages by sub-demise.