statutory rule
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statutory rule against perpetuities — statutory rule against perpetuities: a statute setting forth the requirements for the vesting of a future interest in property and superseding the common law rule against perpetuities; esp: a uniform statute invalidating a future interest in… … Law dictionary
rule against perpetuities — often cap R&P: a common law rule stating that in order for a future interest to be good it must vest after its creation (as at the death of a testator) within a life in being or lives in being plus 21 years plus the period of gestation of any… … Law dictionary
rule against excessive accumulations — England, Wales The statutory rule that prohibits trustees from accumulating income (accumulated income) outside the accumulation periods permitted under section 164 of the Law of Property Act 1925 and section 13 of the Perpetuities and… … Law dictionary
Statutory Rules of Northern Ireland — The Statutory Rules of Northern Ireland are the principal form in which delegated legislation is made in Northern Ireland. Statutory Rules are made under the Statutory Rules (Northern Ireland) Order 1979. [… … Wikipedia
Statutory Instrument (UK) — A Statutory Instrument (SI) is the principal form in which delegated or secondary legislation is made in Great Britain. Statutory Instruments are governed by the Statutory Instruments Act 1946. [http://www.opsi.gov.uk/RevisedStatutes/Acts/ukpga/19… … Wikipedia
Rule against perpetuities — The rule against perpetuities is a rule of law in effect under the property, trusts, estate, and contract law of many common law jurisdictions. The rule invalidates certain future interests (traditionally contingent remainders and executory… … Wikipedia
statutory order — noun or statutory rule English law : an administrative regulation promulgated pursuant to authority delegated by Parliament : statutory instrument … Useful english dictionary
rule against accumulations — A rule based on the English statute known as the Thelluson Act or on equivalent laws enacted in other jurisdictions rendering nugatory provisions for the accumulation of the rents and profits of property beyond a certain period provided by the… … Ballentine's law dictionary
statutory instrument — /stætʃətri ˈɪnstrəmənt/ (say stachuhtree instruhmuhnt) noun a statutory rule or order, often required to be laid before parliament …
statutory interpretation — a generic title for the practice of reading statutes. Certain rules have grown up both in interpretation generally and for statutes in particular. A major aid in the Interpretation Act 1989, which lists a number of deemed interpretations. See… … Law dictionary
