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PERPETUITIES ACT (NORTHERN IRELAND) 1966 - SECT 1



1.(1) Subject to subsection (2) and section 10(3), where the instrument by
which any disposition is made so provides, the perpetuity period applicable to
the disposition under the rule against perpetuities, instead of being of any
other duration, shall be of a duration equal to such number of years not
exceeding eighty as is specified in that behalf in the instrument.

(2) Subsection (1) shall not have effect where the disposition is made in
exercise of a special power of appointment, but where a period is specified
under that subsection in the instrument creating such a power the period shall
apply in relation to any disposition under the power as it applies in relation
to the power itself.


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© 1966 Crown Copyright

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