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The Succession Act, 1925

Section 138Direction that fund be employed in particular manner following absolute bequest of same to or for benefit of any person

In forcePart VI Testamentary SuccessionChapter XII OF BEQUESTS WITH DIRECTIONS AS TO APPLICATION OR ENJOYMENT.

Part VI Testamentary Succession

Chapter XII OF BEQUESTS WITH DIRECTIONS AS TO APPLICATION OR ENJOYMENT.

s. 138

138. Direction that fund be employed in particular manner following absolute bequest of same to or for benefit of any person Where a fund is bequeathed absolutely to or for the benefit of any person, but the will contains a direction that it shall be applied or enjoyed in a particular manner, the legatee shall be entitled to receive the fund as if the will had contained no such direction. A sum of money is bequeathed towards purchasing country residence for A, or to purchase an annuity for A, or to place A a in any business. A chooses to receive the legacy in money. He is entitled to do so.

End of s. 138.

Read the contents: The Succession Act, 1925