PART III SETTLED PROPERTY
CHAPTER II INTERESTS IN POSSESSION, REVERSIONARY INTERESTS AND SETTLEMENT POWERS
F149BTransitional serial interests
Where a person is beneficially entitled to an interest in possession in settled property, for the purposes of this Chapter that interest is a “transitional serial interest” only—
(a)
if section 49C or 49D below so provides, or
(b)
if, and to the extent that, section 49E below so provides.