Under the provisions of Section 18 of the Transfer of Property Act, 1882, the provisions of some…

Section 18 of the Transfer of Property Act, 1882 (Transfer in perpetuity for benefit of public) carves out an exception to the rule against perpetuity and related restrictions for charitable and public-benefit transfers. It expressly states that the restrictions in Sections 14, 16, and 17 (namely, the rule against perpetuity under Section 14, transfer to take effect on failure of prior interest under Section 16, and direction for accumulation under Section 17) shall not apply in the case of a transfer of property for the benefit of the public in the advancement of religion, knowledge, commerce, health, safety, or any other object beneficial to mankind.