Introduction
1.These Explanatory Notes relate to the Perpetuities and Accumulations Act which received Royal Assent on 12 November 2009. They have been prepared by the Ministry of Justice in order to assist the reader in understanding the Act. They do not form part of the Act and have not been endorsed by Parliament.
2.The Notes need to be read in conjunction with the Act. They are not, and are not meant to be, a comprehensive description of the Act. So, where a section or part of a section does not seem to require any explanation or comment, none is given.
3.A glossary set out at the end of these Notes explains some of the terms used.
