NSWIn ForceAct
Perpetuities Act 1984
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#### 15 Options
15 Options
> The rule against perpetuities does not apply to:
>
> > (a) any option to renew a lease of property,
>
> > (b) any option to acquire a reversionary interest in property comprised in a lease,
>
> > (c) any right of pre-emption given for valuable consideration or by will in respect of property, or
>
> > (d) any other option given for valuable consideration or by will to acquire an interest in property.