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Section 20 - When unborn person acquires vested interest on transfer for his benefit : Transfer of Property Act, 1882

When unborn person acquires vested interest on transfer for his benefit? Section 20 of Transfer of Property Act, 1882

 

 

Section 20 of Transfer of Property Act 1882 : "When unborn person acquires vested interest on transfer for his benefit"

20. Where, on a transfer of property, an interest therein is created for the benefit of person not then living, he acquires upon his birth, unless a contrary intention appears from the terms of the transfer, a vested interest, although he may not be entitled to the enjoyment thereof immediately on his birth.

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