# Ulster Bank Act 1992, Section 12: Transfer and vesting of interests in land


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.

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Source: https://www.legislation.gov.uk/ukla/1992/13/section/12 (the official version)
Page: https://openlegislation.uk/ulster-bank-act-1992/section-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.