If the limitation is to a series of individuals answering a given description, and the first member of the series intended to take may by possibility be a person excluded by the rule against perpetuities, no person whatever can take under the limitation1; but, if the first members of the series are not excluded by the rule, they may take provided that their interests are severable2.
Where, however, the limitation is in an instrument to which the Perpetuities and Accumulations Act 1964 applies3, the mere possibility of a person taking outside the perpetuity period will no longer render the gift
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