18: Transfer in perpetuity for benefit of public — Transfer of Property Act, 1882

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Transfer in perpetuity for benefit of public.— The restrictions in sections 14, 16 and 17 shall not apply in the case of a transfer of property for the benefit of the public in the advancement of religion, knowledge, commerce, health, safety, or any other object beneficial to mankind.]

Related sections

17: Direction for accumulation 19: Vested interest 16: Transfer to take effect on failure of prior interest 20: When unborn person acquires vested interest on transfer for his benefit 15: Transfer to class some of whom come under sections 13 and 14 21: Contingent interest

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