12 Pre-commencement instruments: period difficult to ascertain
Perpetuities and Accumulations Act 2009 (2009 c 18) | Legislation

12  Pre-commencement instruments: period difficult to ascertain

(1)     If—

(a)     an instrument specifies for the purposes of property limited in trust a perpetuity period by reference to the lives of persons in being when the instrument takes effect,

(b)     the trustees believe that it is difficult or not reasonably practicable

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