Perpetuities in United Kingdom
Table of Contents
Rule against perpetuities
Section 5 of the Perpetuities and Accumulations Act 2009 limits the perpetuity period to 125 years (and no other period) (although a shorter period may be chosen for the placement of property in a trust). Thus, a future interest or right is void if it is clear that it will not take effect within 125 years from the date on which the instrument that created it took effect.
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Legal Citations Generator(2014, 05). Perpetuities lawi.org.uk Retrieved 01, 2021, from https://lawi.org.uk/perpetuities/
05 2014. 01 2021 <https://lawi.org.uk/perpetuities/>
"Perpetuities" lawi.org.uk. lawi.org.uk, 05 2014. Web. 01 2021. <https://lawi.org.uk/perpetuities/>
"Perpetuities" lawi.org.uk. 05, 2014. Accesed 01 2021. https://lawi.org.uk/perpetuities/
International, 'Perpetuities' (lawi.org.uk 2014) <https://lawi.org.uk/perpetuities/> accesed 2021 January 18
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Schema Summary
- Article Name: Perpetuities
- Author: International
- Description: Rule against perpetuities Section 5 of the Perpetuities and Accumulations Act 2009 limits the perpetuity period to 125 [...]
This entry was last updated: May 30, 2015
