What is the rule against perpetuities in Irish land law and how was it reformed?
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A
The rule prevented property interests from vesting too remotely in the future — at common law the interest must vest within a life in being plus 21 years. The Land and Conveyancing Law Reform Act 2009 replaced this with a fixed 21-year perpetuity period for instruments created after 1 December 2009
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B
The rule against perpetuities was abolished entirely in Ireland
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C
The rule allows interests to vest at any future date provided it is expressly stated
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D
The perpetuity period in Ireland was extended to 80 years by the 2009 Act