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PERPETUITIES ACT 1984 - SECT 17
Dependent interests
17 Dependent interests
(1) Where a provision of a settlement creates an interest, the provision is
not rendered invalid by the rule against perpetuities or
the rule against perpetual trusts by reason only that the interest is ulterior
to and dependent upon an interest which is so invalid.
(2) Where a provision
of a settlement creates an interest which is ulterior to another interest and
the other interest is rendered invalid by the rule against perpetuities or
the rule against perpetual trusts, the acceleration of the vesting of the
ulterior interest shall not be affected by reason only that the other interest
is so invalid.
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