90. Chattels settled as realty.

90.     Chattels settled as realty.

The application of the rule against perpetuities to chattels settled as realty is qualified by the fact that, between 31 December 1925 and 31 December 1996, entailed interests could by statute be created in personal estate by the like expressions as those by which an estate tail could formerly have been created by deed in freehold land and that such an entailed interest can be barred1.

Subject to this statutory provision, a trust of chattels to be enjoyed as heirlooms with real estate, or to devolve in a course of descent applicable to