72. Instruments taking effect on or after 6 April 2010.

72.     Instruments taking effect on or after 6 April 2010.

The Perpetuities and Accumulations Act 2009, where it applies1, has express rules as to the start of the perpetuity period. The perpetuity period starts when the instrument takes effect2. Usually where an instrument is made in the exercise of a special power of appointment, the perpetuity period starts when the instrument creating the power takes effect3.