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In section 47 of the Administration of Estates Act 1925 (statutory trusts in favour of issue and other classes of relatives of intestate) after subsection (4A) insert—
“(4B)Subsections (4C) and (4D) apply if a beneficiary under the statutory trusts—
(a)fails to attain an absolutely vested interest because the beneficiary dies without having reached 18 and without having married or formed a civil partnership, and
(b)dies leaving issue.
(4C)The beneficiary is to be treated for the purposes of this Part as having died immediately before the intestate.
(4D)The residuary estate (together with the income from it and any statutory accumulations of income from it) or so much of it as has not been paid or applied under a power affecting it is to devolve accordingly.”.
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