112. No need for actual entry.

Before 1 January 19261, in order to secure the full legal benefit of the lease, the tenant had to perfect his title by entry2. As from that date, all terms of years absolute3 (whether the interest is created before, on or after that date) are capable of taking effect at law or in equity (according to the grantor's estate, interest or powers) from the date fixed for the commencement of the term, without actual entry