Part IITransfer of the AIB Group business

11Interests in land

The vesting of an interest in land by or under this Act shall not—

(a)constitute a purchase or creation of an estate for the purposes of section 30 (2) of the [1954 c. 56.] Landlord and Tenant Act 1954; or

(b)constitute an assignment, transfer, devolution, parting with possession, dealing with or other disposition of that interest for the purposes of any provision contained 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 which is expectant thereon.