Property Law: Charitable Trusts
The question
To ask the Secretary of State for Justice, what guidance his Department has issued to conveyancers, the Land Registry, or other stakeholders on the application of perpetuity rules to commercial land instruments following the enactment of the Perpetuities and Accumulations Act 2009.
Answered by Sarah Sackman
No guidance has been issued by the Ministry of Justice since the Act came into force. The explanatory notes to the legislation set out the effects of the changes to the law: https://www.legislation.gov.uk/ukpga/2009/18/notes/contents.
This is a complex and technical area of law. Individuals should seek independent legal advice on how the Act applies to their unique circumstances.
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