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92. Effect of covenant with two or more jointly

(1) A covenant, contract, bond or obligation made with two or more jointly, to pay money or to make a Conveyance, or to do any other act, to them or for their benefit, shall be deemed to include, and shall, by virtue of these Regulations, imply, an obligation to do so the act to, or for the benefit of, the survivor or survivors of them, and to, or for the benefit of, any other person whom the right to sue on the covenant, contract, bond, or obligation devolves, and where made after the commencement of these Regulations shall be construed as being also made with each of them.
(2) This section extends to a covenant implied by virtue of these Regulations.
(3) This section applies only if and as far as a contrary intention is not expressed in the covenant, contract, bond, or obligation, and has effect subject to the covenant, contract, bond or obligation, and to the provisions therein contained.