Commentary on Sections Transfer of property Section 34: Effect
90.A transfer of property, rights or liabilities is effected through a property transfer instrument (section 33). Subsections (3) and (4)  make provision for the transfer to take effect regardless of any legislative or contractual restriction, including requirements for consent (or any other restrictions which might render property not transferable).
91.Subsections (5) and (6) provide that a transfer may be made conditional on events occurring or not occurring, and may provide for the consequences should such a condition be breached. Subsection (7) makes provision about trusts.