About: Perpetuities and Accumulations Act 2009

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The Perpetuities and Accumulations Act 2009 (c. 18) is an Act of the Parliament of the United Kingdom that reforms the rule against perpetuities. The Act resulted from a Law Commission report published in 1998. It abolishes the rule against perpetuities in most non-trust contexts, such as easements. In relation to wills, however, the Act only applies to wills drawn up after 6 April 2010. A will drawn up before 6 April but executed later (upon the death of the testator) will continue to be bound by prior rules.

Property	Value
dbo:abstract	The Perpetuities and Accumulations Act 2009 (c. 18) is an Act of the Parliament of the United Kingdom that reforms the rule against perpetuities. The Act resulted from a Law Commission report published in 1998. It abolishes the rule against perpetuities in most non-trust contexts, such as easements. In relation to wills, however, the Act only applies to wills drawn up after 6 April 2010. A will drawn up before 6 April but executed later (upon the death of the testator) will continue to be bound by prior rules. (en)
dbo:wikiPageExternalLink	http://www.legislation.gov.uk/ukpga/2009/18/contents http://www.legislation.gov.uk/ukpga/2009/18/contents/enacted http://services.parliament.uk/bills/2008-09/perpetuitiesandaccumulationshl.html
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dbp:legislationHistory	http://services.parliament.uk/bills/2008-09/perpetuitiesandaccumulationshl.html
dbp:longTitle	An Act to amend the law relating to the avoidance of future interests on grounds of remoteness and the law relating to accumulations of income. (en)
dbp:originalText	http://www.legislation.gov.uk/ukpga/2009/18/contents/enacted
dbp:parliament	Parliament of the United Kingdom (en)
dbp:revisedText	http://www.legislation.gov.uk/ukpga/2009/18/contents
dbp:royalAssent	2009-11-12 (xsd:date)
dbp:shortTitle	Perpetuities and Accumulations Act 2009 (en)
dbp:statuteBookChapter	2009 (xsd:integer)
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dbp:year	2009 (xsd:integer)
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rdfs:comment	The Perpetuities and Accumulations Act 2009 (c. 18) is an Act of the Parliament of the United Kingdom that reforms the rule against perpetuities. The Act resulted from a Law Commission report published in 1998. It abolishes the rule against perpetuities in most non-trust contexts, such as easements. In relation to wills, however, the Act only applies to wills drawn up after 6 April 2010. A will drawn up before 6 April but executed later (upon the death of the testator) will continue to be bound by prior rules. (en)
rdfs:label	Perpetuities and Accumulations Act 2009 (en)
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