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The vested interest in property depends on the happening of an event which is

Where enjoyment is postponed until an event that must happen, section 19 ordinarily creates a vested interest. A condition dependent on an uncertain event instead points to…

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The vested interest in property depends on the happening of an event which is

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Where enjoyment is postponed until an event that must happen, section 19 ordinarily creates a vested interest. A condition dependent on an uncertain event instead points to a contingent interest under section 21. Vesting and immediate possession are therefore different concepts.

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