Perpetuity Act, R.S.B.C. 1996, C. 358

In This Volume

1. Overview of the Perpetuity Act [§53.1]

2. Legislation and Commentary [§53.2]

   1. 1 Definitions [§53.3]
   2. 2 Application of Act [§53.4]
   3. 3 Application of remedial provisions [§53.5]
   4. 4 Rules not applicable to benefit trusts [§53.6]
   5. 5 Application to the government [§53.7]
   6. 6 Rule against perpetuities [§53.8]
   7. 7 Eighty year perpetuity period permitted [§53.9]
   8. 8 Possibility of vesting beyond period [§53.10]
   9. 9 Presumption of validity [§53.11]
   10. 10 Determination of perpetuity period [§53.12]
   11. 11 Reduction of age [§53.13]
   12. 12 Exclusion of class members to avoid remoteness [§53.14]
   13. 13 General cy pres provision [§53.15]
   14. 14 Presumptions and evidence as to future parenthood [§53.16]
   15. 15 Application to court to determine validity [§53.17]
   16. 16 Interim income [§53.18]
   17. 17 Saving provision and acceleration of expectant interests [§53.19]
   18. 18 Powers of appointment [§53.20]
   19. 19 Administrative powers of trustees [§53.21]
   20. 20 Options to acquire reversionary interests [§53.22]
   21. 21 Commercial transactions [§53.23]
   22. 22 Easements, profits-à-prendre [§53.24]
   23. 23 Possibilities of reverter and conditions subsequent [§53.25]
   24. 24 Specific noncharitable trusts [§53.26]
   25. 25 Accumulations of income [§53.27]