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The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.
The rules of natural justice are a set of uncodified common law rules offering procedural safeguards to ensure that decision-makers act according to basic standards of fairness. These rules function to protect both citizens and public officials by restricting the freedom of administrative action and by facilitating better decision-making.
Chan, Sek Keong (December 2012), "The Courts and the 'Rule of Law' in Singapore", Singapore Journal of Legal Studies: 209– 231, SSRN 2242727. Hall, Stephen (1995), "Preventive Detention, Political Rights and the Rule of Law in Singapore and Malaysia", Lawasia: Journal of the Law Association for Asia and the Western Pacific: 14– 62.
The Perpetuities and Accumulations Act 2009 (c. 18) is an Act of the Parliament of the United Kingdom that reforms the rule against perpetuities. The Act resulted from a Law Commission report published in 1998. [3] It abolishes the rule against perpetuities in most non-trust contexts, such as easements. [3]
Charitable trusts are also exempt from many formalities when being created, including the rule against perpetuities. The trustees are also not required to act unanimously, only with a majority. [4] Tax law also makes special exemptions for charitable trusts.
A purpose trust is a type of trust which has no beneficiaries, but instead exists for advancing some non-charitable purpose of some kind. In most jurisdictions, such trusts are not enforceable outside of certain limited and anomalous exceptions, but some countries have enacted legislation specifically to promote the use of non-charitable purpose trusts.
It states that the common law of England (including the principles and rules of equity), so far as it was part of the law of Singapore immediately before the commencement of the Act, continues to be part of Singapore law so far as it is applicable to the circumstances of Singapore and its inhabitants and subject to such modifications as those ...
The Penal Code [38] states the elements and penalties of common criminal offences such as homicide, theft and cheating, and also sets out general principles of criminal law in Singapore. The Sale of Goods Act, [39] an English Act made applicable to Singapore by the Application of English Law Act, sets out legal rules relating to the sale and ...