WebPerpetuity Period means the period that commences on the date of this Deed and ends eighty (80) years less one (1) day after the date of this Deed, that period being the period spe- cified for the purposes of section 6 of the Perpetuities Act 1964, or (if another period is specified in legislation) that other 35period; Sample 1 Sample 2 WebSep 6, 2024 · Plans for post-Brexit checks on some goods entering Northern Ireland have been suspended indefinitely by the UK after negotiations with the EU reached a stalemate. Grace periods designed to ease ...

NI 100: How was Northern Ireland

WebJan 1, 2006 · Perpetuities Act (Northern Ireland) 1966 1966 CHAPTER 2 An Act to amend the law relating to the avoidance of future interests in property on grounds of remoteness and certain matters connected... WebFor settlements made and wills executed on or after 6 April 2010 the perpetuity period will be 125 years and no other period. 1 The rule against perpetuities is effectively abolished … north american bird migration

Trust drafting in Northern Ireland STEP

WebThe rule against perpetuities (also known as the rule against remoteness of vesting) requires that future trust interests (that is, interests that do not take effect immediately) must be certain to vest within a defined period of time known as the perpetuity period. For example, Catherine creates a trust to pay income to her husband, Colin, for ... WebThere is no need to define the perpetuity period as it is automatically 125 years whatever your instrument says; The trust period need not be for 125 years – it can be shorter and … Webrule against perpetuities: Under the Common Law , the principle that no interest in property is valid unless it vests not later than twenty-one years, plus the period of gestation, after … north american birds that are now extinct