78. Validation of gifts where vesting postponed.

Where in a will, settlement, or other instrument taking effect before 16 July 1964 the absolute vesting either of capital or income of property, or the ascertainment of a beneficiary or class of beneficiaries, is made to depend on the attainment by the beneficiary or members of the class of an age exceeding 21, and thereby the gift to that beneficiary or class, or any member of it, or any gift over, remainder, executory limitation or trust arising on the total or partial failure of the original gift is, or but for this provision would be, rendered void for