The Lord Chancellor's and Law Officers' Departmental Report 1998-1999
|
|
Aims and Objectives | |
Her Majesty's Land Registry was established as an Executive Agency in 1990 and became a Trading Fund on 1 April 1993 under the terms of the Government Trading Funds Act 1973 as amended by the Government Trading Act 1990. Under its statutory powers, the Land Registry grants and guarantees legal title to property rights in England and Wales and provides the statutory machinery for the creation and transfer of these secured rights.
Following a prior options review in 1995, the then Lord Chancellor concluded that it was right for the Land Registry to continue as an Executive Agency and Trading Fund. This status will be reviewed again in 2001.
The Land Registry is self-financing and therefore makes no call on public funds.
Further information on the work of the Land Registry may be obtained from:
HM Land Registry, Executive Agency Framework Document 1995 (available from HMLR)
Land Registry Efficiency Plans 1997-98 to 1999-2000 (available from HMLR)
Land Registry Annual Report and Accounts 1996-97 (The Stationery Office)
The Land Registration Fees Orders 1997 (SI 1997/178, 1997/1710)
Land Registry response to the Government's White Paper on Development and
Training for Civil Servants (available from HMLR).