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Under section 17(1) of the Transfer of Property Act, 1882, which period measured from the date of…

The ordinary limit is the longer of the transferor's life and eighteen years from the transfer date. Section 17(2) preserves certain directions, including those for payment…

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Under section 17(1) of the Transfer of Property Act, 1882, which period measured from the date of transfer is compared with the transferor's lifetime to determine the ordinary limit on accumulation?

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Answer and explanation

Correct answer A

The ordinary limit is the longer of the transferor's life and eighteen years from the transfer date. Section 17(2) preserves certain directions, including those for payment of qualifying debts, provision for children or remoter issue, and preservation or maintenance of the property.

Option feedback

Option A

Section 17(1)(b) specifies eighteen years from the transfer date.

Option B

Sixteen years is not the statutory comparison period.

Option C

Twenty-one years is not the statutory comparison period.

Option D

Twenty-four years is not the statutory comparison period.

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