At common law, any estate or interest which does not necessarily satisfy the rule against perpetuities1 is void from its creation2, and events subsequent to the date of the instrument which, or subsequent to the death of the testator whose will, created the estate or interest, which in fact make the vesting take place within the perpetuity period, have no effect so as to make the estate or interest valid3.
Where an instrument takes effect on or after 16 July 19644
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