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Which section of the Transfer of Property Act, 1882 sets out the rule against perpetuity?

Section 14 sets out the rule against perpetuity. Sections 15 and 16 address related class transfers and interests that depend on a prior interest failing. Section 17…

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Which section of the Transfer of Property Act, 1882 sets out the rule against perpetuity?

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Answer and explanation

Correct answer D

Section 14 sets out the rule against perpetuity. Sections 15 and 16 address related class transfers and interests that depend on a prior interest failing. Section 17 concerns accumulation.

Option feedback

Option A

Section 15 concerns transfers to a class where some members fall within sections 13 or 14.

Option B

Section 16 concerns a subsequent interest that is to take effect on the failure of a prior interest.

Option C

Section 17 governs directions for accumulation.

Option D

Section 14 sets out the rule against perpetuity.

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