The Perpetuities and Accumulations Act 1964 was a landmark in the history of perpetuities and accumulations. It did not abolish the common law rule against perpetuities but rather was designed to supplement it. At the heart of the Act is the principle of 'wait and see' under which the validity of a disposition is tested by reference to actual as opposed to possible events1. As this principle is applicable only in respect of dispositions which would have been void prior to 16 July 1964, the commencement date of the Act,
**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