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9. Trusts and purposes

Titles in the Core Text series take the reader straight to the heart of the subject, providing focused, concise, and reliable guides for students at all levels. This chapter focuses on how the law enables a person to devote their property to the carrying out of purposes, while restricting the ways in which that can be done. The discussions cover the beneficiary principle and the invalidity of private purpose trusts; anomalous valid purpose trusts; the case of powers for purposes; an enforcer principle for the creation of a private purpose trust; valid trusts for persons ‘limited by a purpose’ aka Re Sanderson’s trusts; the bare trust with mandate and Quistclose trusts; gifts to unincorporated associations; the dissolution of unincorporated associations; and the rule against perpetuities.