OpenLegislation

Section 12 Transfer and vesting of interests in land

Original text. Later amendments are not shown.

The transfer and vesting of an interest in land by virtue of this Act shall not—

(a)

constitute a purchase or creation of an estate for the purposes of section 10 (3) of the 1964 c. 36 (N.I.).Business Tenancies Act (Northern Ireland) 1964; or

(b)

constitute an assignment, transfer, devolution, alienation, parting with possession or other disposition of that interest for the purposes of any provision in any instrument concerning 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.