Section 149 Property and Conveyancing Law of the Western Region of Nigeria 1959
Section 149 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Restriction on executory limitations. It provides as follows:
(1) Where there is a person entitled to
(a) an equitable interest in land for an estate in fee simple or for any less interest or
(b) any interest in other property,
with an executory limitation over on default or failure of all or any of his issue,
whether within or at any specified period or time or not, that executory limitation
shall be or become void and incapable of taking effect, if and as soon as there is
living any issue who has attained the age of twenty-one years of the class on default
or failure whereof the limitation over was to take effect.
(2) This section applies where the executory limitation is contained in an instrument
coming into operation after the thirty-first day of December, eighteen hundred and
ninety-nine, save that, as regards instruments coming into operation before the
commencement of this Law, it only applies to limitations of land for an estate in fee,
or for a term of years absolute or determinable on life, or for a term of life.
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