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Entailed interests |
Commentary |
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| | 5. -- (1) Where a person purports by an instrument coming into operation after the commencement of this Act to grant to another person an entailed interest in real or personal property, the instrument--
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(a) is not effective to grant an entailed interest, but |
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(b) operates instead as a declaration that the property is held in trust absolutely for the person to whom an entailed interest in the property was purportedly granted. |
1925 c. 18.
1925 c. 20. |
(2) Where a person purports by an instrument coming into operation after the commencement of this Act to declare himself a tenant in tail of real or personal property, the instrument is not effective to create an entailed interest.
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