Underground Electric Railway Co of London v Commissioners of Inland Revenue: HL 15 Dec 1905
Sec. 56 (2) of the Stamp Act 1891 provides as follows:-‘Where the consideration, or any part of the consideration, for a conveyance on sale consists of money payable periodically for a definite period exceeding twenty years or in perpetuity, or for any indefinite period not terminable with life, the conveyance is to be charged in … Continue reading Underground Electric Railway Co of London v Commissioners of Inland Revenue: HL 15 Dec 1905