Section 20 of the Transfer of Property Act, 1882 – When unborn person acquires vested interest on transfer for his benef it

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Section 20: When unborn person acquires vested interest on transfer for his benef it

Where, on a transfer of property, an interest therein is created for the benefit of a person not then living, he acquires upon his birth, unless a contrary intention appear from the terms of the transfer, a vested interest, although he may not be entitled to the enjoyment thereof immediately on his birth.

Source: official text of The Transfer of Property Act, 1882 as published on India Code (PDF). All sections of the Transfer of Property Act, 1882.