Fri. Nov 22nd, 2024

Chapter II

Of Transfers Of Property By Act Of Parties

(A) Transfer of Property, whether moveable or immoveable

Section – 13 – Transfer for benefit of unborn person –

Where, on a transfer of property, an interest therein is created for the benefit of a person not in existence at the date of the transfer, subject to a prior interest created by the same transfer, the interest created for the benefit of such person shall not take effect, unless it extends to the whole of the remaining interest of the transferor in the property.

By admin