UK Parliament · Public Bill · No. 0467
Perpetuities and Accumulations
[As Introduced]
A
BILL
to
This Act sets rules about how long someone can control what happens to their property or money after they've died. It prevents property from being tied up indefinitely (the 'rule against perpetuities') but also relaxes some rules that stopped money from being reinvested for too long (accumulation rules), giving people more flexibility in planning their estates.
Presented by Lord Bach.
✓ Passed into lawPublicLords
Official Ballot · Open Govt
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The people's count45 votes
67% Aye · 3033% No · 15
MPs' votePassed without division
No division called, Third Reading carried on the voices.
Bill passage
Commons
- 1st reading20 Jul 2009
- 2nd reading21 Oct 2009
- Committee stage27 Oct 2009
- Report stage2 Nov 2009
- 3rd reading2 Nov 2009
Lords
- 1st reading1 Apr 2009
- 2nd reading28 Apr 2009
- 2nd reading11 May 2009
- Committee stage20 May 2009
- Report stage13 Jul 2009
- 3rd reading20 Jul 2009
Royal Assent12 Nov 2009