The testator bequeaths the residue of his property to A, a minor, "to be paid to him when he shall…
Section 350 entitles the legatee under a general residuary bequest "to the produce of the residuary fund from the testator's death". In Illustration (i) to section 350 the…
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The testator bequeaths the residue of his property to A, a minor, "to be paid to him when he shall complete the age of 18". Under section 350 of the Indian Succession Act, 1925, the income of the residue from the testator's death:
Answer and explanation
Correct answer B
Section 350 entitles the legatee under a general residuary bequest "to the produce of the residuary fund from the testator's death". In Illustration (i) to section 350 the gift is to A now and only payment waits until he is 18, so the income from the testator's death belongs to A. The income goes as undisposed of only where the residuary gift itself is contingent.