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Citibank International Act 1993
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- UK Local Acts
- 1993 c. xvii
- Section 15
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15Transfer and vesting of interests in land and other property
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.
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