OpenLegislation

Section 15 Transfer and vesting of interests in land and other property

Original text. Later amendments are not shown.

The transfer and vesting of any land or other property by virtue of this Act shall not—

(a)

constitute a purchase or creation of an interest in land for the purposes of section 30 (2) of the 1954 c. 56.Landlord and Tenant Act 1954; or

(b)

constitute an assignment, transfer, devolution, alienation, parting with possession or other disposition of property or of an interest in property for the purposes of any provision in any instrument, contract (whether in writing or not) or order of any court concerning that property or that interest; or

(c)

give rise to any forfeiture; or

(d)

invalidate or discharge any contract or security; or

(e)

operate so as to merge any leasehold interest in the reversion expectant on it.