1In the following sections of means an act by .which a living person conveys , 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 " 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 of to or by companies, associations or bodies of individuals.]