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The Succession Act, 1925

Section 159Ademption pro tanto where stock, specially bequeathed, exists in part only at testator's death

In forcePart VI Testamentary SuccessionChapter XVI OF ADEMPTION OF LEGACIES

Part VI Testamentary Succession

Chapter XVI OF ADEMPTION OF LEGACIES

s. 159

159. Ademption pro tanto where stock, specially bequeathed, exists in part only at testator's death Where stock which has been specifically bequeathed exists only in part at the testator's death, the legacy is adeemed so far as regards that part of the stock which has ceased to exist. Illustration A bequeaths to B his 10,000 Taka in the 5› per cent. loan of the Government. A sells one-half of his 10,000 Taka in the loan in question. One-half of the legacy is adeemed.

End of s. 159.

Read the contents: The Succession Act, 1925