15 Short title, interpretation and extent

Supplemental

15  Short title, interpretation and extent

(1)     This Act may be cited as the Perpetuities and Accumulations Act 1964.

(2)     In this Act—

“disposition” includes the conferring of a power of appointment and any other disposition of an interest in or right over property, and references to the interest disposed of shall be construed accordingly;

“in being” means living or en ventre sa mere;

“power of appointment” includes any discretionary power to transfer a beneficial interest in property without the furnishing of valuable consideration;

“will” includes a codicil;

and for the purposes of this Act a disposition contained in a will shall be deemed to be made at the death of the testator.

(3)     For

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