Section 5 of The Transfer of Property Act, 1882 View Chapter 2

“Transfer of property” defined.

   1In the following sections transfer of property means an act by .which a living person conveys property, in present or in future, to one or more other living persons, or to himself, 2[or it himself] and one or more other living persons; and "to transfer property" is to perform such act.

   3[in this section "living person" includes a company or association or body of individuals, whether incorporated or not, but nothing herein contained shall affect any law for the time being in force relating to transfer of property to or by companies, associations or bodies of individuals.]

1Nothing in Chapter II is to be deemed to affect any rule of Muhammandan law--see s. 2, supra

2Ins. by Act 20 of 1929, s. 6.

3Added by s. 6, ibid.