92.—(1) Subject to the provisions of this Act, notice of a trust shall not be entered in the register.

(2) None of the following persons shall, by reason merely of the receipt by F117[the Authority] of an instrument relating to land for the purpose of a registration, be affected with notice of any trust contained in or arising out of matters contained in such instrument:

(a) F117[the Authority];

(b) a registered transferee for valuable consideration of the land;

(c) a registered owner of a charge created for valuable consideration on the land;

(d) a person claiming an interest created for valuable consideration in a registered burden on the land.

(3) In this section “trust” includes express, implied and constructive trusts.