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These cases are from the lawindexpro database. They are now being transferred to the swarb.co.uk website in a better form. As a case is published there, an entry here will link to it. The swarb.co.uk site includes many later cases.  















Inheritance Tax - From: 1900 To: 1929

This page lists 1 cases, and was prepared on 08 August 2015.

 
Grey (Earl) -v- Attorney General [1900] AC 124
1900
HL
Earl of Halsbury LC
Inheritance Tax
The donor conveyed land to his son by way of gift but reserved an annual rentcharge during his life which was charged on the land conveyed and which his son covenanted to pay (together with the other liabilities of the donor), and retained the right to occupy the mansion house which stood on the land conveyed together with other benefits. He also reserved a power of revocation. Held: The gift was ineffective to save estate duty. The gift was revocable; the donor had reserved an interest for life; he had retained the right to occupy part of the land which formed the subject-matter of the gift; and he had clearly reserved a benefit by contract or otherwise in the shape of the son's covenant to pay the rentcharge. This was a benefit which the donor did not possess before the gift. It was a security for the rentcharge which guaranteed payment even if the land produced insufficient income to support it. Earl of Halsbury LC: "My Lords, there are some cases so extremely plain that it is difficult to give a better exposition of the question than that which the statute itself provides"
1 Cites

1 Citers


 
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