Burden of covenants relating to land

(1) A covenant relating to any land of a covenanter or capable of being bound by him shall, unless a contrary intention is expressed, be deemed to be made by the covenanter on behalf of himself, his successors in title and the persons deriving title under him or them and, subject as aforesaid shall have effect as if such successors and other persons were expressed. (2) Subsection (1) of this section, shall extend to a covenant to do some act relating to the land, notwithstanding that the subject-matter may not be in existence when the covenant is made. (3) For the purposes of this section in connection with covenants restrictive of the user of land, “successors in title” 43 shall include the owners and the occupiers for the time being of such land. (4) This section shall apply only to covenants made after the commencement of this Act.