Under the Transfer of Property Act, 1882, which assessment of the assertion and reason is correct? Assertion: A property transfer in perpetuity to fund a hospital for the general public can fall…
Question and options
Under the Transfer of Property Act, 1882, which assessment of the assertion and reason is correct?
Assertion: A property transfer in perpetuity to fund a hospital for the general public can fall outside the rule against perpetuity.
Reason: Section 18 exempts public-benefit transfers for specified purposes, including the advancement of health, from the restriction in section 14.
Both statements are true, and the reason explains the assertion.
The assertion is true, and the reason is false.
Both statements are true, but the reason does not explain the assertion.
The assertion is false, and the reason is true.
Answer and explanation
Section 18 exempts specified public-benefit transfers, including those advancing health, from the restrictions in sections 14, 16 and 17. The exemption from section 14 directly explains the assertion.
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