{"id":"nsw:act-1984-043","name":"Perpetuities Act 1984","slug":"perpetuities-act-1984","collection":"act","jurisdiction":"nsw","status":"in_force","isInForce":true,"actNumber":"43 of 1984","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":107681,"registerId":"nsw-act-1984-043-current","compilationNumber":null,"startDate":"2026-04-03","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Name of Act","content":"#### 1 Name of Act\n\n1 Name of Act\n\n> This Act may be cited as the [Perpetuities Act 1984](/view/html/inforce/current/act-1984-043).","sortOrder":0},{"sectionNumber":"2","sectionType":"section","heading":"Commencement","content":"#### 2 Commencement\n\n2 Commencement\n\n> > (1) Sections 1 and 2 shall commence on the date of assent to this Act.\n> \n> > (2) Except as provided by subsection (1), this Act shall commence on such day as may be appointed by the Governor in respect thereof and as may be notified by proclamation published in the Gazette.","sortOrder":1},{"sectionNumber":"3","sectionType":"section","heading":"Definitions","content":"#### 3 Definitions\n\n3 Definitions\n\n> > (1) In this Act, except in so far as the context or subject-matter otherwise indicates or requires:\n> > \n> > appointed day means the day appointed and notified under section 2 (2).\n> > \n> > disposition includes:\n> > \n> > > (a) the conferring or exercising of a power of appointment and any other power or authority to dispose of property, and\n> > \n> > > (b) any alienation of property.\n> > \n> > interest includes any estate and any right.\n> > \n> > power of appointment includes any discretionary power to make a disposition.\n> > \n> > property includes any interest in real or personal property and any thing in action.\n> > \n> > settlement includes:\n> > \n> > > (a) a will,\n> > \n> > > (b) an instrument, testamentary or otherwise, exercising a power of appointment, whether general or special, and\n> > \n> > > (c) any other instrument, transaction or dealing whereby a person makes a disposition,\n> > \n> > but does not include an Act of Parliament.\n> > \n> > the rule against perpetual trusts means the common law rule that invalidates a trust (not otherwise invalid) for a purpose which is not charitable where the duration of the trust will or may exceed the perpetuity period.\n> > \n> > trust and trustee have the meanings respectively ascribed thereto in the [Trustee Act 1925](/view/html/inforce/current/act-1925-014).\n> > \n> > will includes a codicil.\n> \n> > (2) For the purposes of this Act, a will shall, in relation to a disposition contained in it, be deemed to take effect on the death of the testator.\n> \n> > (3) For the purposes of this Act:\n> > \n> > > (a) a person shall be treated as a member of a class if in that person’s case each and every condition identifying a member of the class is satisfied, and\n> > \n> > > (b) a person shall be treated as a potential member of a class if in that person’s case only one or some of the conditions identifying a member of the class is or are satisfied but there is a possibility that the remainder of those conditions will in time be satisfied.","sortOrder":2},{"sectionNumber":"4","sectionType":"section","heading":"Application","content":"#### 4 Application\n\n4 Application\n\n> > (1) Except as provided by sections 11, 12 and 13, this Act does not apply in relation to a settlement taking effect before the appointed day.\n> \n> > (2) This Act applies in relation to a settlement exercising a power of appointment, whether general or special, and taking effect on or after the appointed day, whether or not it applies in relation to the settlement creating the power of appointment.\n> \n> > (3) This Act does not apply to render invalid, at the outset or at some future time, an interest created by a provision of a will executed before the appointed day, but taking effect on or after the appointed day, if the provision would not have infringed the rule against perpetuities had this Act not been enacted and had the will taken effect when it was executed.","sortOrder":3},{"sectionNumber":"5","sectionType":"section","heading":"The Crown","content":"#### 5 The Crown\n\n5 The Crown\n\n> > (1) Except as provided by subsection (2) or by any other Act, the rule against perpetuities, the rule against perpetual trusts and this Act bind the Crown not only in right of New South Wales but also, so far as the legislative power of Parliament permits, the Crown in all its other capacities.\n> \n> > (2) Nothing in the rule against perpetuities, in the rule against perpetual trusts or in this Act affects any settlement made by the Crown.","sortOrder":4},{"sectionNumber":"6","sectionType":"section","heading":"Powers of appointment","content":"#### 6 Powers of appointment\n\n6 Powers of appointment\n\n> > (1) For the purposes of the rule against perpetuities, a power of appointment shall at any particular time be treated as a special power unless, at that time, the appointor has, by the settlement creating the power, unconditional authority at his or her own discretion to exercise the power by appointing the interest the subject of the power to himself or herself.\n> \n> > (2) Notwithstanding subsection (1), an appointment of an interest made by will under a power of appointment that would, but for the fact that it was made exercisable only by will, have been a general power shall be treated as a general power for the purposes of determining whether the appointment of the interest infringes the rule against perpetuities.\n> \n> > (3) For the purposes of this section, an authority is unconditional notwithstanding any formal condition relating to the mode of exercise of the power.","sortOrder":5},{"sectionNumber":"7","sectionType":"section","heading":"The perpetuity period","content":"#### 7 The perpetuity period\n\n7 The perpetuity period\n\n> > (1) For the purposes of the rule against perpetuities, the perpetuity period applicable to an interest created by a settlement shall be 80 years from the date on which the settlement takes effect.\n> \n> > (2) Where an appointment of an interest is made under a special power of appointment, the perpetuity period shall be reckoned from the date on which the settlement creating the power takes effect.","sortOrder":6},{"sectionNumber":"8","sectionType":"section","heading":"Wait-and-see","content":"#### 8 Wait-and-see\n\n8 Wait-and-see\n\n> > (1) Where a provision of a settlement which creates an interest would, but for this section and section 9, infringe the rule against perpetuities, the interest shall be treated, until such time (if any) as it becomes certain that it must vest, if at all, after the end of the perpetuity period, as if the provision did not infringe that rule, and its becoming so certain does not affect the validity of any thing previously done in relation to the interest.\n> \n> > (2) Where a provision of a settlement which creates an interest consisting of the conferring of a general power of appointment would, but for this section and section 9, infringe the rule against perpetuities, the interest shall be treated, until such time (if any) as it becomes certain that the power will not be exercisable within the perpetuity period, as if the provision did not infringe that rule.\n> \n> > (3) Where a provision of a settlement which creates an interest consisting of the conferring of any power or right (except a general power of appointment) would, but for this section and section 9, infringe the rule against perpetuities, the interest shall be treated as regards any exercise of the power or right within the perpetuity period as if the provision did not infringe that rule, and the provisions shall be treated as infringing that rule only if and so far as the power or right is not fully exercised within the perpetuity period.\n> \n> > (4) This section does not affect the operation of section 15.","sortOrder":7},{"sectionNumber":"9","sectionType":"section","heading":"Reduction of age and exclusion of class members","content":"#### 9 Reduction of age and exclusion of class members\n\n9 Reduction of age and exclusion of class members\n\n> > (1) Where:\n> > \n> > > (a) a provision of a settlement creates an interest and the vesting of the interest depends on the attainment by any person of a specified age, and\n> > \n> > > (b) it becomes apparent that the provision would, but for this subsection, infringe the rule against perpetuities but that it would not infringe that rule if the specified age had been a lesser age,\n> > \n> > the interest shall, for all purposes, be treated as if, instead of its vesting depending on the attainment by the person of the specified age, its vesting depended on the attainment by the person of the greatest age which, if put in place of the specified age, would save the provision from infringing that rule.\n> \n> > (2) Where an interest to which subsection (1) applies is ulterior to any other interest created by the settlement, that other interest shall not be defeated or otherwise adversely affected by the operation of subsection (1).\n> \n> > (3) Where, in relation to an interest created by a provision of a settlement, different ages are specified in relation to different persons:\n> > \n> > > (a) the reference in subsection (1) to the specified age shall be construed as a reference to all the specified ages, and\n> > \n> > > (b) subsection (1) shall operate to reduce each such age so far as is necessary to save the provision from infringing the rule against perpetuities.\n> \n> > (4) Where a provision of a settlement creates an interest which is to be taken by a class of persons and it becomes apparent that the inclusion of a person, being a member of the class or an unborn person who at birth would become a member or potential member of the class, would, but for this subsection:\n> > \n> > > (a) cause the provision to infringe the rule against perpetuities, or\n> > \n> > > (b) prevent subsection (1) from operating to save the provision from infringing that rule,\n> > \n> > then, upon its so becoming apparent, the person shall, unless the exclusion of the person would exhaust the class, be treated in relation to the interest as if the person were not a member of the class, and, where subsection (1) applies that subsection shall thereupon have effect accordingly.\n> \n> > (5) Where this section has effect in relation to a provision to which section 8 applies, the operation of this section does not affect the validity of any thing previously done in relation to the interest created by the provision.","sortOrder":8},{"sectionNumber":"10","sectionType":"section","heading":"Order of application of remedial provisions","content":"#### 10 Order of application of remedial provisions\n\n10 Order of application of remedial provisions\n\n> The following provisions shall, for the purposes of the rule against perpetuities, be applied in the following order:\n> \n> > (a) section 8,\n> \n> > (b) section 9 (1),\n> \n> > (c) section 9 (4).","sortOrder":9},{"sectionNumber":"11","sectionType":"section","heading":"Administrative powers of trustees","content":"#### 11 Administrative powers of trustees\n\n11 Administrative powers of trustees\n\n> > (1) In this section, administrative power means a power of a trustee to sell, lease or exchange trust property and any other power of a trustee, but does not include a power to appoint, pay, transfer, advance, apply, distribute or otherwise deal with trust property in or towards satisfaction of the interest of a beneficiary under the trust or in or towards satisfaction of a purpose of the trust.\n> \n> > (2) The rule against perpetuities does not invalidate an administrative power in relation to trust property during the subsistence of a beneficial interest in the trust property.\n> \n> > (3) This section applies to an administrative power taking effect, and to any exercise of an administrative power, before, on or after the appointed day.","sortOrder":10},{"sectionNumber":"12","sectionType":"section","heading":"Remuneration of trustees","content":"#### 12 Remuneration of trustees\n\n12 Remuneration of trustees\n\n> > (1) The rule against perpetuities does not invalidate a power or other provision for remunerating a trustee for the trustee’s services.\n> \n> > (2) This section applies to a power or other provision for remunerating a trustee taking effect before, on or after the appointed day.","sortOrder":11},{"sectionNumber":"13","sectionType":"section","heading":"Superannuation and other funds","content":"#### 13 Superannuation and other funds\n\n13 Superannuation and other funds\n\n> > (1) In this section:\n> > \n> > employees includes directors, officers, servants and employees of any employer.\n> > \n> > fund means a provident, superannuation, sick, accident, assurance, unemployment, pension or co-operative benefit fund, scheme, arrangement or provision or other like fund, scheme, arrangement or provision.\n> > \n> > self-employed persons includes persons engaged in any lawful profession, trade, occupation or calling.\n> \n> > (2) The rule against perpetuities does not invalidate a fund established by a settlement for the benefit of:\n> > \n> > > (a) employees,\n> > \n> > > (b) self-employed persons,\n> > \n> > > (c) spouses, children, grandchildren, parents, dependants or legal personal representatives of employees or self-employed persons, or\n> > \n> > > (d) persons duly selected or nominated for that purpose by employees or self-employed persons pursuant to the provisions of the settlement.\n> \n> > (2A) The rule against perpetuities does not invalidate a trust established by a settlement and used for investing the assets of a fund referred to in subsection (2) (whether or not it is also used for investing other assets). This subsection does not affect the generality of subsection (2).\n> \n> > (3) This section applies to settlements taking effect before, on or after the appointed day.\n> \n> **s 13:** Am 1991 No 57, sec 3.","sortOrder":12},{"sectionNumber":"14","sectionType":"section","heading":"Determinable interests","content":"#### 14 Determinable interests\n\n14 Determinable interests\n\n> > (1) In this section:\n> > \n> > determinable interest means an interest created by a settlement, being an interest which is, by a provision of the settlement, determinable on a contingency.\n> > \n> > subsequent interest, in relation to a determinable interest created by a settlement, means an interest, whether vested or contingent:\n> > \n> > > (a) created by the settlement, or remaining undisposed of by the settlement, or taking effect by way of reverter, resulting trust, residuary gift or otherwise on a possibility arising under the settlement, and\n> > \n> > > (b) as regards which the determinable interest is a prior interest.\n> \n> > (2) The rule against perpetuities applies to render invalid the provision for determination of a determinable interest created by a settlement in the same manner as the rule would apply to render invalid a condition subsequent in the settlement for defeasance of the determinable interest on the same contingency, and where that rule does so apply:\n> > \n> > > (a) the determinable interest shall not be so determinable, and\n> > \n> > > (b) a subsequent interest not itself rendered invalid by that rule shall be postponed or defeated to the extent necessary to allow the determinable interest to have effect free from the provision for determination.\n> \n> > (3) For the purposes of this section, an interest created by, or a provision in, an appointment or other exercise of a power in a settlement (except a general power of appointment) shall be treated as an interest created by, or a provision in, the settlement.\n> \n> > (4) Notwithstanding subsection (2), the rule against perpetuities shall not apply to a gift over from one charity to another.","sortOrder":13},{"sectionNumber":"15","sectionType":"section","heading":"Options","content":"#### 15 Options\n\n15 Options\n\n> The rule against perpetuities does not apply to:\n> \n> > (a) any option to renew a lease of property,\n> \n> > (b) any option to acquire a reversionary interest in property comprised in a lease,\n> \n> > (c) any right of pre-emption given for valuable consideration or by will in respect of property, or\n> \n> > (d) any other option given for valuable consideration or by will to acquire an interest in property.","sortOrder":14},{"sectionNumber":"16","sectionType":"section","heading":"Trusts for purposes which are not charitable","content":"#### 16 Trusts for purposes which are not charitable\n\n16 Trusts for purposes which are not charitable\n\n> > (1) Except as provided by this section, this Act shall not affect the operation of the rule against perpetual trusts.\n> \n> > (2) Where, by a settlement, there is a disposition for a purpose, the perpetuity period applicable to the disposition shall, for the purposes of the rule against perpetual trusts, be 80 years from the date on which the settlement takes effect.\n> \n> > (3) Where, by a settlement, there is a disposition for a purpose and the disposition would, but for this Act, infringe the rule against perpetual trusts, the disposition shall be treated, until such time (if any) as it becomes certain that the disposition must infringe that rule, as if it did not infringe that rule, and its so becoming certain does not affect the validity of any thing previously done in relation to the disposition.\n> \n> > (4) This section does not apply to a disposition for a purpose which is charitable.","sortOrder":15},{"sectionNumber":"17","sectionType":"section","heading":"Dependent interests","content":"#### 17 Dependent interests\n\n17 Dependent interests\n\n> > (1) Where a provision of a settlement creates an interest, the provision is not rendered invalid by the rule against perpetuities or the rule against perpetual trusts by reason only that the interest is ulterior to and dependent upon an interest which is so invalid.\n> \n> > (2) Where a provision of a settlement creates an interest which is ulterior to another interest and the other interest is rendered invalid by the rule against perpetuities or the rule against perpetual trusts, the acceleration of the vesting of the ulterior interest shall not be affected by reason only that the other interest is so invalid.","sortOrder":16},{"sectionNumber":"18","sectionType":"section","heading":"Accumulation of income","content":"#### 18 Accumulation of income\n\n18 Accumulation of income\n\n> > (1) Where property is disposed of in such a manner that the income of the property may be or is directed to be accumulated wholly or in part, the power or direction to accumulate that income is valid if the disposition of the accumulated income is, or may be, valid, but not otherwise.\n> \n> > (2) This section does not affect the power of any person to terminate an accumulation that is for the person’s benefit, or any jurisdiction or power of a court to maintain or advance out of accumulations, or any power of a trustee under the [Trustee Act 1925](/view/html/inforce/current/act-1925-014), or under any other Act or law or under any settlement.","sortOrder":17},{"sectionNumber":"19","sectionType":"section","heading":"Repeals","content":"#### 19 Repeals\n\n19 Repeals\n\n> Each Act specified in Column 1 of Schedule 1 is, to the extent specified opposite that Act in Column 2 of that Schedule, repealed.","sortOrder":18},{"sectionNumber":"20","sectionType":"section","heading":"Savings and transitional provisions","content":"#### 20 Savings and transitional provisions\n\n20 Savings and transitional provisions\n\n> > (1) Section 12 does not affect any rights arising under a judgment or an order which has taken effect before the appointed day or arising under any agreement made before the appointed day.\n> \n> > (2) Notwithstanding the repeal of sections 31, 31A and 36 of the [Conveyancing Act 1919](/view/html/inforce/current/act-1919-006), the provisions of those sections continue to apply in relation to a settlement taking effect before the appointed day.","sortOrder":19},{"sectionNumber":"Schedule 1","sectionType":"schedule","heading":"Repeals","content":"# Schedule 1 Repeals\n\nSchedule 1 Repeals\n\n(Section 19)\n\n| Column 1 | Column 2 |\n| Year and number of Act | Short title of Act | Extent of repeal |\n| 1919, No 6 | Conveyancing Act 1919 | Sections 31, 31A and 36 |\n| 1925, No 14 | Trustee Act 1925 | Section 27A |","sortOrder":20}],"analysis":{"summary":{"complexity_score":8,"scope_assessment":{"changed":false,"description":"Based on the available metadata, the Act has remained in its original 1984 form with no recorded amendments since commencement. There is no evidence of scope change from the original intent of reforming and codifying the rule against perpetuities in NSW."},"complexity_factors":["The rule against perpetuities is one of the most notoriously complex doctrines in the common law legal tradition","Requires understanding of property law concepts like vested and contingent interests, life in being, and future interests","Interacts with trust law, succession law (wills and estates), and contract law simultaneously","Historical common law background is essential to understand why the statute exists and what it changes","Only metadata was provided — actual operative provisions are not available, limiting full analysis but suggesting technical drafting","Applies across a wide range of transaction types including family trusts, charitable trusts, options over land, and testamentary gifts","Concepts like 'wait and see' rules and cy-pres (court modification of failing trusts) that are typical in perpetuities legislation require specialist knowledge","Legal consequences of getting it wrong include property interests being void or unenforceable"],"plain_english_summary":"## Perpetuities Act 1984 (NSW)\n\n**What is this?**\nThis is a NSW law dealing with the ancient legal concept of **perpetuities** — rules that stop people from controlling property from beyond the grave forever. Historically, wealthy landowners would try to lock up their estates in trusts for generations into the future, preventing anyone from ever selling or changing how the property is used.\n\n**What does the rule against perpetuities do?**\nIt sets a time limit on how long you can restrict or delay who gets to own or benefit from property. Under the old common law rule, interests in property had to \"vest\" (meaning: actually transfer to someone) within a life in being at the time of the gift, plus 21 years. This was notoriously complicated and caused many well-intentioned wills and trusts to fail.\n\n**Who does this affect?**\n- People writing **wills** that include trusts for grandchildren or future generations\n- People setting up **family trusts** or charitable trusts\n- **Property lawyers** and estate planners drafting complex documents\n- **Developers and businesses** dealing with options to purchase land or future interests in property\n\n**Why does it matter?**\nWithout this kind of law, property could be tied up indefinitely by long-dead people's wishes, making it impossible to sell, develop or freely use. This Act modernises and clarifies the rules so that legitimate long-term planning (like trusts for grandchildren) works, while still preventing property from being locked away forever.\n\n**Important note:** This document only shows the metadata and status page of the legislation — the actual content and operative provisions (the sections that spell out exactly what the rules are) are not included in what was provided for analysis. The Act has been in force since 31 October 1984 with no recorded amendments."},"issue_detection":{"absurdities":[],"contradictions":[]},"kimi_summary":{"content_quality":"ok","complexity_score":6,"scope_assessment":{"changed":false,"description":"The legislation remains focused on its original purpose: reforming the rule against perpetuities. While it includes specific exemptions for superannuation funds, trustee powers, and lease options, these are ancillary to the core purpose of modernising perpetuity law rather than an expansion into unrelated areas."},"complexity_factors":["Multiple interacting remedial provisions (sections 8, 9, 10) that must be applied in a specific order","Nested conditional logic in section 9 (reduction of ages and exclusion of class members) with multiple sub-conditions","Cross-references to common law rules (rule against perpetuities, rule against perpetual trusts) that are not fully defined in the Act","Complex defined terms including 'disposition', 'settlement', and 'power of appointment' with multiple inclusive and exclusive elements","Transitional provisions (sections 4, 20) creating different regimes for pre- and post-commencement settlements","Specific exceptions and carve-outs (sections 11-15) that modify the general rule for particular scenarios","Interaction between statutory provisions and preserved common law rules (section 14 maintaining common law treatment of determinable interests with one exception)"],"plain_english_summary":"**What this law does:**\n\nThis Act modernises an old English legal rule called the \"rule against perpetuities\" — a rule that prevents people from tying up property in trusts or wills for too long. The basic idea is that you can't control your assets from beyond the grave forever; at some point, ownership must actually pass to living people.\n\n**Key changes made:**\n\n*   **Sets a fixed time limit:** Instead of using complicated common law rules about \"lives in being plus 21 years,\" the Act creates a simple 80-year period. Any interest in property must vest (become definite) within 80 years of when the settlement (will or trust) takes effect.\n\n*   **\"Wait and see\" approach:** Previously, if a gift *might* vest too late, it was void from the start. Now the law waits to see what actually happens. Only if it becomes certain that vesting will occur after 80 years does the gift fail.\n\n*   **Automatic fixes:** If a gift depends on someone reaching a certain age (like \"when my grandson turns 30\"), and that age would push it past 80 years, the law automatically reduces the age to whatever saves the gift. It also automatically excludes people from a class gift if including them would break the rule.\n\n*   **Specific exemptions:** The rule doesn't apply to certain things like:\n    *   Options to renew leases or buy property\n    *   Superannuation and employee benefit funds\n    *   Administrative powers of trustees (selling, leasing property)\n    *   Trustee remuneration provisions\n    *   Gifts from one charity to another\n\n*   **Non-charitable purpose trusts:** The Act allows trusts for non-charitable purposes (like maintaining a family grave) to last up to 80 years, whereas previously these were generally invalid if they could last indefinitely.\n\n**Who it affects:**\n\nAnyone creating wills, trusts, or settlements involving property in NSW. It particularly affects estate planners, trustees, and beneficiaries of family trusts or complex wills.\n\n**Why it matters:**\n\nBefore this Act, many carefully drafted wills and trusts were accidentally invalidated because of technical breaches of the old perpetuity rule. This Act makes the law more flexible and practical, saving gifts that would otherwise fail while still preventing property from being locked up indefinitely."},"flash_summary":{"complexity_score":6,"scope_assessment":{"changed":true,"description":"The original 1984 Act was intended to reform the rule against perpetuities and perpetual trusts. A 1991 amendment added subsection 13(2A), extending the exemption from the rule to trusts used for investing assets of superannuation and similar funds, which broadened the scope beyond the original exemption for the funds themselves."},"complexity_factors":["Multiple defined terms with broad scope (e.g., 'settlement', 'disposition', 'interest').","Cross-references to common law rules and other Acts (e.g., Trustee Act 1925).","Conditional logic in wait-and-see provisions (sections 8 and 9) with several sub-provisions.","Exemptions and carve-outs (e.g., sections 11-15) that require careful reading.","Order of application of remedial provisions (section 10).","Savings and transitional provisions (section 20) that preserve old law in certain cases.","Amendment history (1991 addition to section 13) adds complexity."],"plain_english_summary":"This Act reforms the old common law rules that prevent property from being tied up for too long (the 'rule against perpetuities' and the 'rule against perpetual trusts'). It applies to settlements (legal documents like wills or trusts) made after a set date. Key changes:\n- **Fixed time limit**: Instead of using the old 'lives in being plus 21 years' rule, it sets a fixed period of 80 years for most interests.\n- **Wait-and-see**: If an interest might violate the rule, we wait and see if it actually vests (becomes owned) within the 80 years. If it does, it's valid.\n- **Automatic age reduction**: If a gift depends on someone reaching a certain age and that would break the rule, the age is reduced to the highest age that keeps the gift valid.\n- **Exclusion of class members**: If including a person in a class of beneficiaries would break the rule, that person is treated as not in the class, so the gift stays valid.\n- **Exemptions**: Certain things are not affected by the rule, including administrative powers of trustees (like selling or leasing property), trustee remuneration, superannuation and similar funds, options to renew leases, and options to buy property given for value or in a will.\n- **Charitable gifts**: Gifts from one charity to another are exempt from the rule.\n- **Non-charitable purpose trusts**: For trusts that are not charitable, the rule against perpetual trusts now also uses an 80-year period, with a wait-and-see approach.\n- **Dependent interests**: If an earlier interest in a chain is invalid, later interests are not automatically invalid.\n- **Accumulations**: Income can be accumulated if the accumulated amount itself will be validly disposed of.\n\nWho it affects: Anyone making a will, trust, or other property settlement in New South Wales. It clarifies and simplifies the law, reducing the risk of accidental invalidity."}},"importantCases":[],"_links":{"self":"/api/acts/perpetuities-act-1984","history":"/api/acts/perpetuities-act-1984/history","analysis":"/api/acts/perpetuities-act-1984/analysis","conflicts":"/api/acts/perpetuities-act-1984/conflicts","importantCases":"/api/acts/perpetuities-act-1984/important-cases","documents":"/api/acts/perpetuities-act-1984/documents"}}