Special powers are subject to further restrictions. These are due to the fact that the class of objects in favour of whom the power may be executed is limited by the creator of the power. If this class is to be ascertainable on a contingency, the contingency must be one which must necessarily occur within the perpetuity period, reckoning from the date of the creation of the power1. The power is void if the contingency upon which the class of objects is to be ascertained may be beyond the perpetuity period, even if the class forms part of a
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234