4Application

4 Application

4 Application

(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.

(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.

(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.