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StatuteWills Act 2007

Section 29 — Wills Act 2007: Residuary estate

Text of the provision Official document

29 Residuary estate (1) If a disposition of property in a will is unable to take effect, the property falls into the residuary estate. (2) Subsection (1) does not apply to property over which the will-maker has exercised a power of appointment by will. (3) Subsection (1) does not apply if the will makes it clear that the will-maker intended the property not to fall into the residuary estate. Compare: Wills Act 1837 s 25 (UK)

Official source: legislation.govt.nz

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