67   Future interest in land

(1)  Where:

(a)  the title of a person to land for an estate or interest in possession is extinguished by this Act,

(b)  at any time while the person has that title the person is also entitled to the same land for an estate or interest in remainder or reversion or any other future estate or interest, and

(c)  the land is not, before the estate or interest mentioned in paragraph (b) becomes a present estate or interest, recovered by virtue of an intermediate estate or interest,

      the estate or interest mentioned in paragraph (b) is, on the date on which it becomes a present estate or interest, extinguished.

(2)  For the purposes of this section, a person contingently entitled to an estate or interest in reversion or remainder or any other future estate or interest, or having such an estate or interest vested in him or her subject to divesting in any event, is entitled to the estate or interest.