(1) In this section "fee simple", "interest", "land" and "lease" have the same meanings, respectively, as in section 41 of the Finance (1909-10) Act, 1910, and references to a "transferee" or a "lessee" include the personal representatives of any transferee or lessee.
(2) It shall be the duty of the transferee or lessee, on the occasion of any transfer of the fee simple of any land or of any interest in land or on the grant of any lease of any land for a term exceeding 14 years (whether the transfer or lease is on sale or operates as a voluntary disposition inter vivos), to present to the Commissioners such particulars in relation to such class or category of transfer or lease as they may prescribe by regulations and, without prejudice to the generality of the foregoing, the regulations may make provision in relation to all or any of the following matters:
(a) the form in which the particulars are to be delivered;
(b) the time limits within which the particulars are to be delivered;
…