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  • 19 (1) The rule against perpetuities does not invalidate a power conferred on trustees or other persons to dispose of property, or to do any other act in the administration, as opposed to the distribution, of property including, if authorized, payments to trustees or other persons of reasonable remuneration for their services.
  • (2) Subsection (1) applies for the purpose of enabling a power to be exercised at any time after January 1, 1979, even though the power is conferred by an instrument that took effect before that time.