Section 28
Ulterior transfer conditional on happening or not happening of specified event.
The Transfer of Property Act, 1882
About this Act
An Act to amend the law relating to the Transfer of Property by act of Parties.
On a transfer
of property an interest therein may be created to accrue to any person with the condition superadded that
in case a specified uncertain event shall happen such interest shall pass to another person, or that in case a
specified uncertain event shall not happen such interest shall pass to another person. In each case the
dispositions are subject to the rules contained in sections 10, 12, 21, 22, 23, 24, 25 and 27.