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Question

Which of the following sections of Transfer of Property Act, 1882 cover transfer for benefit of unborn person?

A 3 Correct Answer Incorrect Answer
B 10 Correct Answer Incorrect Answer
C 11 Correct Answer Incorrect Answer
D 13 Correct Answer Incorrect Answer
E 14 Correct Answer Incorrect Answer

Solution

S. 13. Transfer for benefit of unborn person .—Where on a transfer of property, an interest therein is created for the benefit of a person not in existence at the date of the transfer, subject to a prior interest created by the same transfer, the interest created for the benefit of such person shall not take effect, unless it extends to the whole of the remaining interest of the transferor in the property.

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