The Transfer of Property Act, 1882
Section 23Transfer contingent on happening of specified uncertain event
In force
Chapter II OF TRANSFERS OF PROPERTY BY ACT OF PARTIES
(A) Transfer of Property, whether moveable or immoveable
s. 23
23. Transfer contingent on happening of specified uncertain event Where, on transfer of property, an interest therein is to accrue to a specified person if a specified uncertain event shall happen, and no time is mentioned for the occurrence of that event, the interest falls unless such event happens before, or at the same time as, the intermediate or precedent interest ceases to exist.