Law of Property Act 1925 (c. 20)

Part VII E+W Perpetuities and Accumulations

Perpetuities E+W

161 Abolition of the double possibility rule. E+W

(1) The rule of 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 is hereby abolished, but without prejudice to any other rule relating to perpetuities.

(2) This section only applies to limitations or trusts created by an instrument coming into operation after the commencement of this Act.

F1 162 Restrictions on the perpetuity rule. E+W

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Textual Amendments

F1 S. 162 repealed (6.4.2010) by Perpetuities and Accumulations Act 2009 (c. 18), ss. 4(b), 22(2), Schs. (with s. 15(1)(4)1718); S.I. 2010/37, art. 2

163 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2 E+W

Textual Amendments

F2 S. 163 repealed by Perpetuities and Accumulations Act 1964 (c. 55), s. 4(6)

Accumulations E+W

F3 164 General restrictions on accumulation of income. E+W

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Textual Amendments

F3 Ss. 164-166 repealed (6.4.2010) by Perpetuities and Accumulations Act 2009 (c. 18), ss. 13(a), 22(2), Schs. (with s. 15(1)(4)1718); S.I. 2010/37, art. 2

Modifications etc. (not altering text)

C1 S. 164 amended by Perpetuities and Accumulations Act 1964 (c. 55), s. 13

F3 165 Qualification of restrictions on accumulation. E+W

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Textual Amendments

F3 Ss. 164-166 repealed (6.4.2010) by Perpetuities and Accumulations Act 2009 (c. 18), ss. 13(a), 22(2), Schs. (with s. 15(1)(4)1718); S.I. 2010/37, art. 2

F3 166 Restriction on accumulation for the purchase of land. E+W

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Textual Amendments

F3 Ss. 164-166 repealed (6.4.2010) by Perpetuities and Accumulations Act 2009 (c. 18), ss. 13(a), 22(2), Schs. (with s. 15(1)(4)1718); S.I. 2010/37, art. 2