Where, on a transfer of property, an interest therein is to accrue to a specified person if a specified uncertain event shall happen, and no time is mentioned for the occurrence of that event, the interest fails unless such event happens before, or at the same time as, the intermediate or precedent interest ceases to exist.
Section 23: Transfer contingent on happening of specified uncertain event.
The Transfer of Property Act, 1882Central Act · Act 4 of 1882
Where this provision sits
| Act | The Transfer of Property Act, 1882 |
|---|---|
| Section | 23 |
| Marginal note | Transfer contingent on happening of specified uncertain event. |
| Jurisdiction | Central |
| Status | In force as published by the source |
| Judgments citing it | 1 |
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