Section 5 Perpetuity periodI1
(1)
The perpetuity period is 125 years (and no other period).
(2)
Subsection (1) applies whether or not the instrument referred to in section 1(2) to (6) specifies a perpetuity period; and a specification of a perpetuity period in that instrument is ineffective.
Annotations
Commencement
- I1
S. 5 in force at 6.4.2010 by S.I. 2010/37, art. 2