3N.I.The registration of a person as limited owner of settled land in pursuance of this Act shall not—
(a)confer on the person so registered, as against any person claiming under the settlement, any greater powers of dealing with the land than those of a tenant for life under the Settled Land Acts;
(b)confer on the assignee, trustee in bankruptcy, devisee or personal representatives of the limited owner any greater estate than he would otherwise have;
(c)take away from any trustee under the settlement any powers of dealing with the land which he would otherwise have.