106. In general.

(iii)     Special Powers of Appointment

106.     In general.

Special powers of appointment1, as regards their creation, are subject to the propositions previously stated as applicable to general powers of appointment with respect to the ascertainment during the perpetuity period of:


    (1)     the donees who are to exercise them;


    (2)     the time at which they are to be exercised; and


    (3)     the time at which they are to take effect2.

For special powers the perpetuity period is always calculated from the time of the creation of the power3.

The provisions