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Perpetuities and Accumulations Act 1992
21Abolition of the double possibility rule and the cy-près doctrine
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21 Abolition of the double possibility rule and the cy-près doctrine
(1) The rule of law prohibiting the limitation after a life interest to an unborn person of an interest in land to the unborn child or other issue of an unborn person is abolished but without prejudice to any other rule relating to perpetuities.
(2) The doctrine of cy-près or approximation relating to a disposition of a kind referred to in subsection (1) , when contained in a will, is abolished.
(3) This section applies only in relation to dispositions or trusts created by an instrument coming into operation after the commencement of this Act.