Succession Act, 1925

Succession Act, 1925 — Section 172: Bequest of interest or produce of fund

172. Bequest of interest or produce of fund. Where the interest or produce of a fund is bequeathed to any person, and the will affords no indication of an intention that the enjoyment of the bequest should be of limited duration, the principal, as well as the interest, shall belong to the legatee. Illustrations

(i)A bequeaths to B the interest of his 5 per cent. promissory notes of the CHAPTER XX OF BEQUESTS OF ANNUITIES

This is the text of the provision as enacted. It is legal information, not legal advice, and it cannot account for the facts of your own matter. For advice on your situation, consult a verified advocate.