Which provision of the Transfer of Property Act, 1882 disapplies the rule against perpetuity for…
Section 18 disapplies the restrictions in Sections 14, 16 and 17 for transfers for public benefit of the kinds it describes. The other provisions concern accumulation of…
Choose your answer
Which provision of the Transfer of Property Act, 1882 disapplies the rule against perpetuity for qualifying transfers for public benefit?
Answer and explanation
Correct answer B
Section 18 disapplies the restrictions in Sections 14, 16 and 17 for transfers for public benefit of the kinds it describes.
The other provisions concern accumulation of income or vested interests.
Option feedback
Option A
Section 17 limits directions to accumulate income.
Option B
Section 18 disapplies the perpetuity restriction for qualifying transfers for public benefit.
Option C
Section 19 defines when an interest is vested.
Option D
Section 20 concerns when an unborn beneficiary acquires a vested interest.
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