Perpetuities in United Kingdom
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.
Leave a Reply