17. Direction for accumulation. (1) Where the terms of a transfer of property direct that the income arising from the property shall be accumulated eitherRead More →

18. Transfer in perpetuity for benefit of public. The restrictions in sections 14, 16 and 17 shall not apply in the case of a transferRead More →

19. Vested interest. Where, on a transfer of property, an interest therein is created in favour of a person without specifying the time when itRead More →

20. When unborn person acquires vested interest on transfer for his benefit. Where, on a transfer of property, an interest therein is created for theRead More →

21. Contingent interest. Where, on a transfer of property, an interest therein is created in favour of a person to take effect only on theRead More →

22. Transfer to members of a class who attain a particular age. Where, on a transfer of property, an interest therein is created in favourRead More →

23. Transfer contingent on happening of specified uncertain event. Where, on a transfer of property, an interest therein is to accrue to a specified personRead More →

24. Transfer to such of certain persons as survive at some period not specified. Where, on a transfer of property, an interest therein is toRead More →

25. Conditional transfer. An interest created on a transfer of property and dependent upon a condition fails if the fulfilment of the condition is impossible,Read More →

26. Fulfilment of condition precedent. Where the terms of a transfer of property impose a condition to be fulfilled before a person can take anRead More →

27. Conditional transfer to one person coupled with transfer to another on failure of prior disposition. Where, on a transfer of property, an interest thereinRead More →

28. Ulterior transfer conditional on happening or not happening of specified event. On a transfer of property an interest therein may be created to accrueRead More →

29. Fulfilment of condition subsequent. An ulterior disposition of the kind contemplated by the last preceding section cannot, take effect unless the condition is strictlyRead More →

30. Prior disposition not affected by invalidity of ulterior disposition. If the ulterior disposition is not valid, the prior disposition is not affected by it.Read More →

31. Condition that transfer shall cease to have effect in case specified uncertain event happens or does not happen. Subject to the provisions of sectionRead More →

32. Such condition must not be invalid. In order that a condition that an interest shall cease to exist may be valid, it is necessaryRead More →