ABSTRACT

Why is a non-charitable purpose trust void? What are the three exceptions? What is meant by the rule against perpetuities? What is the perpetuity period for a purpose trust? Can charitable trusts be perpetual? What is meant by the rule against remoteness of vesting? What statutory perpetuity period has been recommended by the Law Commission? What is the Denley principle? How is an unincorporated association defined? Why is there a problem when gifts are made to an unincorporated association? How can a gift be made to an unincorporated association? How is property held by an unincorporated association? What happens to the property when an unincorporated association is dissolved?