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Ulster Bank Act 1992
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- 1992 c. xiii
- Section 12
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12Transfer 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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