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The Succession Act, 1925

Section 154Ademption of specific bequest of right to receive something from third party

In forcePart VI Testamentary SuccessionChapter XVI OF ADEMPTION OF LEGACIES

Part VI Testamentary Succession

Chapter XVI OF ADEMPTION OF LEGACIES

s. 154

154. Ademption of specific bequest of right to receive something from third party Where the thing specifically bequeathed is the right to receive something of value from a third party, and the testator himself receives it, the bequest is adeemed. Illustrations (i) A bequeaths to B- "the debt which C owes me": "2,000 Taka which I have in the hands of D": "the money due to me on the bond of E": "my mortgage on the Rahimyarkhan factory". All these debts are extinguished in A's lifetime, some with and some without his consent. All the legacies are adeemed. (ii) A bequeaths to B his interest in certain policies of life assurance. A in his lifetime receives the amount of the policies. The legacy is adeemed.

End of s. 154.

Read the contents: The Succession Act, 1925