The Law Reports (Appeal Cases)
[1954] AC 429
[HOUSE OF LORDS.]
CHAPMAN AND OTHERS APPELLANTS; AND CHAPMAN AND OTHERS RESPONDENTS.
1954 Feb. 8,
9,
11,
12,
16;
Mar. 25.
Mar. 25.
LORD SIMONDS L.C., LORD OAKSEY, LORD MORTON OF HENRYTON, LORD ASQUITH OF BISHOPSTONE and LORD COHEN.
Trust and Trustee
— Scheme to avoid tax
— Jurisdiction of court to sanction
— Modification of beneficial rights
— Inherent equitable jurisdiction
— Statutory jurisdiction
—
Settled Land Act, 1925 (15 Geo. 5, c. 18), s. 64
—
Trustee Act, 1925 (15 Geo. 5, c. 19), s. 57.
Settlement. Revenue
— Tax avoidance scheme.