In this Act, unless the context otherwise requires—
“existing” means existing immediately before the commencement of this Act;
F1. . .
“transaction” means a transaction having legal effect, and includes—
any unilateral transaction;
the exercise of testamentary capacity;
the exercise of any power of appointment;
the giving by a person of any consent having legal effect;
the bringing or defending of, or the taking of any step in, civil proceedings;
acting as arbiter or trustee;
acting as an instrumentary witness.
Textual Amendments
F1Definition in s. 9 repealed (1.11.1996) by 1995 c. 36, s. 105(5), Sch. 5 (with s. 103(1)); S.I. 1996/2203, art. 3(3), Sch. Table