SECTION 20 – When unborn person acquires vested interest on transfer for his benefit.
The Transfer of Property Act, 1882
When unborn person acquires vested interest on transfer for his benefit.
When unborn person acquires vested interest on transfer for his benefit.—Where, on a transfer of property, an interest therein is created for the benefit of a person not then living, he acquires upon his birth, unless a contrary intention appear from the terms of the transfer, a vested interest, although he may not be entitled to the enjoyment thereof immediately on his birth.