26.—(1) In the case of any land to which paragraph (a) of subsection (1) of section 23 applies sold or conveyed to or vested in or deemed to be sold or conveyed to or vested in a purchaser under the Land Purchase Acts prior to the 1st day of January, 1892, the Land Commission, in order that the registration of the ownership of the lands may be effected, may transmit to F39[the Authority] the prescribed particulars respecting the land and the name of the person appearing to them to be in possession thereof and F39[the Authority] shall thereupon register that person as the owner of the land.

(2) Subject to subsection (1), whenever the Land Commission vest land in a purchaser under the Land Purchase Acts by vesting order, or other instrument, they shall forthwith furnish to F39[the Authority] such documents as may be prescribed for the purpose of registration and thereupon F39[the Authority] shall register the ownership of the person named in the said instrument, in accordance with the provisions of this Act.

(3) The ownership of every person so registered shall, unless F39[the Authority] is satisfied that the grant of an absolute or qualified title is warranted, be registered with a possessory title.

(4) In the case of unregistered land to which subsection (2) applies, the following provisions shall have effect—

(a) such land shall, on and after the date of the instrument, be deemed to be registered land within the meaning of this Act and this Act shall apply to such land accordingly;

(b) such land shall, on and after the date of the instrument, be exempt from the provisions of the Acts relating to the Registry of Deeds.