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The Transfer of Property Act, 1882

Section 28Ulterior transfer conditional on happening or not happening of specified event

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. 28

28. Ulterior transfer conditional on happening or not happening of specified event On a transfer of property an interest therein may be created to accrue to any person with the condition superadded that in case a specified uncertain event shall happen such interest shall pass to another person, or that in case a specified uncertain event shall not happen such interest shall pass to another person. In each case the dispositions are subject to the rules contained in sections 10, 12, 21, 22, 23, 24, 25 and 27.

End of s. 28.

Read the contents: The Transfer of Property Act, 1882