Perpetuities and Accumulations Act 2009: Overview and Changes, Study notes of Constitutional Law

Download Perpetuities and Accumulations Act 2009: Overview and Changes and more Study notes Constitutional Law in PDF only on Docsity! Changes to legislation: There are currently no known outstanding effects for the Perpetuities and Accumulations Act 2009. (See end of Document for details) Perpetuities and Accumulations Act 2009 CHAPTER 18 PERPETUITIES AND ACCUMULATIONS ACT 2009 Application of rule against perpetuities 1 Application of the rule 2 Exceptions to rule's application 3 Power to specify exceptions 4 Abolition of existing exceptions Perpetuity period 5 Perpetuity period Perpetuities: miscellaneous 6 Start of perpetuity period 7 Wait and see rule 8 Exclusion of class members to avoid remoteness 9 Saving and acceleration of expectant interests 10 Determinable interests becoming absolute 11 Powers of appointment 12 Pre-commencement instruments: period difficult to ascertain Accumulations 13 Abolition of restrictions 14 Restriction on accumulation for charitable trusts Application of statutory provisions 15 Application of this Act 16 Limitation of 1964 Act to existing instruments ii Perpetuities and Accumulations Act 2009 (c. 18) Document Generated: 2021-03-28 Changes to legislation: There are currently no known outstanding effects for the Perpetuities and Accumulations Act 2009. (See end of Document for details) General 17 The Crown 18 Rule as to duration not affected 19 Provision made otherwise than by instrument 20 Interpretation 21 Repeals 22 Commencement 23 Extent 24 Short title — SCHEDULE Repeals