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 M1Business 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.