sec.212Particular trusts, powers and funds

### sec.212 Particular trusts, powers and funds The perpetuity period does not apply in relation to any of the following matters— a charitable trust; the trusts of a superannuation fund or scheme; the trusts of a pension fund or scheme; a trust that is created under, or is subject to, another Act that allows the trust to continue indefinitely; a trust that may continue indefinitely under common law or equity; a trust or power to sell property, if a trust of the proceeds of sale is valid; a trust or power to lease or exchange property, if the lease or exchange directed or authorised by the trust or power is ancillary to the carrying out of a valid trust; a power that is ancillary to the carrying out of a valid trust or the giving effect to a valid disposition of property; a provision for the remuneration of trustees. - (a) a charitable trust; - (b) the trusts of a superannuation fund or scheme; - (c) the trusts of a pension fund or scheme; - (d) a trust that is created under, or is subject to, another Act that allows the trust to continue indefinitely; - (e) a trust that may continue indefinitely under common law or equity; - (f) a trust or power to sell property, if a trust of the proceeds of sale is valid; - (g) a trust or power to lease or exchange property, if the lease or exchange directed or authorised by the trust or power is ancillary to the carrying out of a valid trust; - (h) a power that is ancillary to the carrying out of a valid trust or the giving effect to a valid disposition of property; - (i) a provision for the remuneration of trustees.