In re Liverton New Zealand Insurance Company Limited v Mckenzie - [1951] NZLR 351

Executors and Administrators — Power of Appointment — Will conferring Power of Appointment on Testator's Daughter — Exercise by Her of Power of Appointment to Non-objects of Power as well as to Objects — Such Exercise partly Excessive and Void, but to that Extent Severable and Valid in relation to Objects of Power — Rule against Perpetuities — Donees of Power alive when Appointment created — Vesting not Remote.