The testator bequeaths the residue of his property to A "when he shall complete the age of 18". A…
The Exception to section 350 says that a general residuary bequest "contingent in its terms" does not comprise the income accruing between the testator's death and vesting,…
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The testator bequeaths the residue of his property to A "when he shall complete the age of 18". A completes 18 and receives the residue. Under section 350 of the Indian Succession Act, 1925, the income that accrued on the residue since the testator's death:
Answer and explanation
Correct answer C
The Exception to section 350 says that a general residuary bequest "contingent in its terms" does not comprise the income accruing between the testator's death and vesting, and "such income goes as undisposed of". Illustration (ii) to section 350 applies this to a residue given to A when he completes 18. This differs from Illustration (i), where the gift was to A at once and only payment was postponed.