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A Matter of Trusts: Trust to trust distributions and the rule against perpetuities

Published on 01 Mar 05 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

The common law rule known as the rule against perpetuities was developed by the English courts in the seventeenth century. It was one of a number of rules developed by the courts to restrict certain dispositions of property. The rule in its modern form is actually a rule against the remoteness of vesting so that the name 'rule against perpetuities' is to some extent inappropriate.

Author profile:

Neil Mathison
Neil is a Principal of Harwood Andrews Lawyers. Current at 01 November 2007 Click here to expand/collapse more articles by Neil MATHISON.
 
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