Article 211 Obtaining and disposing of propertyI1
United Kingdom
References to a person disposing of his property include a reference—
(a)
to his disposing of a part of it, or
(b)
to his granting an interest in it,
(or to both), and references to the property disposed of are to any property obtained on the disposal.
(2)
A person who makes a payment to another is to be treated as making a disposal of his property to the other, whatever form the payment takes.
(3)
Where a person’s property passes to another under a will or intestacy or by operation of law, it is to be treated as disposed of by him to the other.
(4)
A person is only to be treated as having obtained his property for value in a case where he gave unexecuted consideration if the consideration has become executed consideration.