PROPERTY LAW ACT 1974 - SECT 206 Definitions for pt 14

PROPERTY LAW ACT 1974 - SECT 206

206 Definitions for pt 14

In this part—


"disposition" includes the conferring or exercise of a power of appointment or any other power or authority to dispose of an interest in or a right over property and any other disposition of an interest in or right over property.


"instrument" includes a will, and also includes an instrument, testamentary or otherwise, exercising a power of appointment whether general or special but does not include an Act.


"power of appointment" includes any discretionary power to transfer or grant or create a beneficial interest in property without the furnishing of valuable consideration.