(1) This Part applies
to—
(a)
dispositions of property made before or after the commencement of this Part;
and
(b)
rights and powers granted or conferred before or after the commencement of
this Part.
(2) However, this Part
does not validate a disposition of property if, before the commencement of
this Part, property subject to the disposition had been wholly or partly
distributed on the basis that the disposition is invalid.
(3) This Part applies
to land whether or not it has been brought under the provisions of the
Real Property Act 1886 .