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The Transfer of Property Act, 1882

Section 20When unborn person acquires vested interest on transfer for his benefit

In forceChapter II OF TRANSFERS OF PROPERTY BY ACT OF PARTIES

Chapter II OF TRANSFERS OF PROPERTY BY ACT OF PARTIES

(A) Transfer of Property, whether moveable or immoveable

s. 20

20. When unborn person acquires vested interest on transfer for his benefit Where, on a transfer of property, an interest therein is created for the benefit of a person not then living, he acquires upon his birth, unless a contrary intention appear from the terms of the transfer, a vested interest, although he may not be entitled to the enjoyment thereof immediately on his birth.

End of s. 20.

Read the contents: The Transfer of Property Act, 1882