Where accumulations of surplus income are made during a minority under any statutory power or under the general law, the period for which such accumulations are made is not (whether the trust was created or the accumulations were made before or after the commencement of this Act) to be taken into account in determining the periods for which accumulations are permitted to be made by the last preceding section, and accordingly an express trust for accumulation for any other permitted period shall not be deemed to have been invalidated or become invalid, by reason of accumulations also having been made as aforesaid during such minority.
Section 165: Qualification of restrictions on accumulation.
Law of Property Act 1925 · 1925 c. 20View on legislation.gov.uk
This provision is repealed
It is retained for historical reference and may not reflect the law currently in force.
Part VII: Perpetuities and Accumulations
REPEALED on 2010-04-06 by Perpetuities and Accumulations Act 2009.
Source annotation(s):
The text below is the provision as originally enacted. It is historical and may not include amendments made before this status change. View the enacted source.
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Reuse reviewed 21 August 2026 under Open Government Licence v3.0.