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Statutes of Northern Ireland |
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You are here: BAILII >> Databases >> Statutes of Northern Ireland >> URL: http://www.bailii.org/nie/legis/num_act/aa1892160.txt |
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ACCUMULATIONS ACT 1892 ACCUMULATIONS ACT 1892 - LONG TITLE An Act to amend the Law respecting Accumulations. [28th June 1892] No accumulation beyond minority. ACCUMULATIONS ACT 1892 - SECT 1 1. No person shall, after the passing of this Act, settle or dispose of any property in such manner that the rents, issues, profits, or income thereof shall be wholly or partially accumulated for the purchase of land only, for any longer period than during the minority or respective minorities of any person or persons who under the uses or trusts of the instrument directing such accumulation would for the time being, if of full age, be entitled to receive the rents, issues, profits, or income so directed to be accumulated. ACCUMULATIONS ACT 1892 - SECT 2 Short title. 2. This Act may be cited as the Accumulations Act, 1892.
