# Trusts of Land and Appointment of Trustees Act 1996, Section 3: Abolition of doctrine of conversion.


(1) Where land is held by trustees subject to a trust for sale, the land is not to be regarded as personal property; and where personal property is subject to a trust for sale in order that the trustees may acquire land, the personal property is not to be regarded as land.
(2) Subsection (1) does not apply to a trust created by a will if the testator died before the commencement of this Act.
(3) Subject to that, subsection (1) applies to a trust whether it is created, or arises, before or after that commencement.

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Source: https://www.legislation.gov.uk/ukpga/1996/47/section/3 (the official version)
Page: https://openlegislation.uk/trusts-of-land-and-appointment-of-trustees-act-1996/section-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.