99A
CurrentExclusion of rule against perpetuities
Part 4Licences, Quotas and Agreements
Division 7Specified agreements
99A Exclusion of rule against perpetuities
The rule of law commonly known as the rule against perpetuities does not apply, and is taken to have never applied, to an interest created by a deed of agreement.
This Act’s bill:Explanatory notesSecond reading speech
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