Sri Lanka Consolidated Acts

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Abolition Of Fideicommissa And Entails Act (No. 20 of 1972)


           Long Title

   1.	   Short title  
   2.	   Prohibition on creation of fideicommissa, &c  
   3.	   Restrictions created in instruments executed after the date of operation of this Act  
   4.	   Restrictions existing in instruments executed prior to the date of coming into operation of the Act  
   5.	   In the case of successive beneficiaries under a trust, the interest of the present beneficiary to be deemed to be absolute  
   6.	   Persons vested with title by virtue of this Act, to have absolute disposing power  
   7.	   Right of repurchase or revocation  
   8.	   Power of fiduciary vested with ownership under this Act to transfer property to fideicommissary  
   9.	   Saving of simple trusts, usufructs and personal servitudes  
   10.	   Repeal of Entail and Settlement Ordinance  
   11.	   This Act to prevail over any other law  
   12.	   Interpretation  

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