111. Distinction between mortgage and statutory charge.

Statutory charges differ from mortgages in that mortgages arise out of agreement between the parties. The nature, effect and means of realisation of a statutory charge depend on the terms of the statute in question1. The following are instances of statutory charges: charging orders in favour of tenants or landlords of agricultural holdings in respect of compensation payable2; charges in favour of landlords of business premises in respect of compensation for or the cost of improvements3; charging orders on land by way of execution4; charges upon premises of frontagers in favour of local authorities for expenses incurred in making