Section 14State of Jammu-Kashmir Act

Section 14: Rule against perpetuity

Transfer of Property Act, 1977

Rule against perpetuity.

- No transfer of property can operate to create an interest which is to take effect after the life-time of one or more person living at the date of such transfer, and the minority of some person who shall be in existence at the expiration of that period, and to whom, if he attains full age, the interest created is to belong.

Sec 13 — Transfer for benefit of unborn persons

Sec 15 — Transfer to class some of whom come under sections 13 and 14

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