• Specific Year
    Any

PROPERTY LAW ACT 1974 - SECT 30 Creation of future interests in land

PROPERTY LAW ACT 1974 - SECT 30

Creation of future interests in land

30 Creation of future interests in land

(1) A future interest in land validly created after the commencement of this Act shall take effect as an equitable and not a legal interest.
(2) An interest in remainder created after the commencement of this Act must not be registered in the freehold land register.
(2A) Subsection (2) has effect despite anything in the Land Title Act 1994 .
(3) This section shall not apply to any future interest
(a) created before the commencement of this Act whether that interest arose or arises before or after the commencement of this Act; or
(b) created or arising because of section 22 .
(4) In this section—


"future interest" means—
(a) a legal contingent remainder; or
(b) a legal executory interest.