ADVOKS GLOBAL · KENYA
Perpetuities and Accumulations Act
19. Accumulation of income
Edition: 2022-03-21 · In force
19. Accumulation of income
(1)Subject to section 16 of this Act, the terms of any instrument or a trust may direct or authorize the accumulation of all or part of the income of such property for a period not exceeding the intended duration of the trust.(2)Subject to special and general power of maintenance and advancement or as predicted by the terms of the trust or as otherwise provided, income which is not accumulated shall be distributed.(3)At all times, any income that is not accumulated shall be distributed to the intended beneficiaries.