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International Trusts Order, 2000 · s 91
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International Trusts Order, 2000 · s 91
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
No appointment made in exercise of any power to appoint any property among two or more objects shall be invalid on the ground that
{a}
an.unsubstantial, illusory or nominal share only is appointed to, or left unappointed to devolve upon, any one or more of the objects of the power; or
{b)
any object of the power is thereby altogether excluded, but every such appointment shall be valid notwithstanding that any one or more of the objects is not thereby, or in default of appointment, to take any share in the property.
This section does not affect any provision in the instrument creating the power that declares the amount of any share from which any object of the power is not to be excluded.