Section 17Part 2 — The rule against perpetuities
Abolition of the modern rule against perpetuities
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Subject to section 3, the rule of the common law sometimes known as the modern rule against perpetuities and any rule of the common law prohibiting —
the limitation, after a life interest to an unborn person, of an interest in land to the unborn child or other issue of an unborn person; or
a trust of excessive duration,
are hereby abolished without prejudice to the other provisions of this Act.
Cross References
- Section 3 of Perpetuities Act
Section 3