Section 15Central Act
Section 15: Transfer to class some of whom come under sect ions 13 and 14.
If, on a transfer of property, an interest therein is created for the benefit of a class of persons with regard to some of whom such interest fails by reason of any of the rules contained in sections 13 and 14; such interest fails 1[in regard to those persons only and not in regard to the whole class.]
1. Subs. by Act 20 of 1929, s. 9, for "as regards the whole class".
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Sec 14 — Rule against, perpetuity.
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Sec 16 — Transfer to take effect on failure of prior interest .
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