60.—(1) A conveyance of freehold land to the use that any person may have, for an estate or interest, not exceeding in duration the estate conveyed in the land, any easement, right, liberty or privilege in, or over, or with respect to that land, or any part thereof, shall operate to vest in possession in that person that easement, right, liberty or privilege, for the estate or interest expressed to be limited to him; and he, and the person deriving title under him, shall have, use and enjoy the same accordingly.
(2) This section shall apply only to conveyances made on or after 1 August 1886.