28. On a transfer of property an interest therein may be created to accrue to any person with the condition superadded that in case a specified uncertain event shall happen such interest shall pass to another person, or that in case a specified uncertain event shall not happen such interest shall pass to another person. In each case the dispositions are subject to the rules contained in sections 10, 12, 21, 22, 23, 24, 25 and 27.
Transfer of Property Act, 1882
Section 28: Ulterior transfer conditional on happening or not happening of specified event
Chapter II — Of Transfers of Property by Act of Parties
Source: official text of the Transfer of Property Act, 1882.