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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