Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Panel definition

What does Panel mean? In corporate and public M&A practice, Panel (with a capital P) is shorthand for the takeover supervisory authority: in the UK, the Panel on Takeovers and Mergers (the takeover panel), and in Ireland, the Irish Takeover Panel. It oversees takeovers of listed and certain other public companies, administering and enforcing the applicable takeover rulebook (the UK City Code on Takeovers and Mergers; the Irish Takeover Rules), issuing rulings, consents and waivers, and interpreting the rules to ensure fair treatment of shareholders. In the UK it has a statutory basis under the Companies Act 2006, Part 28; in Ireland it...

HM Land Registry TR1 (Transfer of Whole): Precedent and Drafting Notes (England and Wales)

Published by a LexisNexis Property expert

Precedents

Precedent transfer

A flexible Word edition of the TR1 precedent can be obtained via this link to download, save or print:

Drafting notes to precedent transfer

panel 1—Title numbers

If several properties are included, list each title number in alphanumeric sequence and, if desired, number them from one; then list the properties in the identical sequence with matching numbers. Use form TR5 if there is a large volume of registered titles.

Panel 2—Property description

The optional wording is intended for use where the Property is unregistered. For a transfer of the whole of unregistered land, a plan is normally unnecessary. It will usually be enough to cite the conveyance or instrument that contains the property description. A plan need only be added where the root conveyance or instrument does not allow the land to be identified fully or with certainty (for example, by containing a plan, by referring to a plan in an earlier deed, or by including or referring to a sufficiently clear verbal description). Where a plan is supplied, hm land registry’s detailed requirements for plans must be observed; otherwise the application for registration will be rejected. Follow those plan requirements to avoid refusal at the registration stage...

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Web page updated on 22/05/2026

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