The Law Reports (Appeal Cases)
[1954] AC 57
[JUDICIAL COMMITTEE]
NORMAN CLYDE OAKES APPELLANT; AND COMMISSIONER OF STAMP DUTIES OF NEW SOUTH WALES RESPONDENT.
ON APPEAL FROM THE HIGH COURT OF AUSTRALIA.
1953 Dec. 3
LORD PORTER, LORD MORTON OF HENRYTON, LORD REID, LORD TUCKER, and ASQUITH OF BISHOPSTONE.
Australia (New South Wales)
— Revenue
— Estate duty
— Gift
— Reservation of benefit
— Remuneration for managing trust property
— Whether beneficial interest
— Grazing property
— Settlor and his children co-beneficiaries in equal shares
— Children's shares used for their maintenance and education
—
New South Wales Stamp Duties Act, 1920–1940, s. 102 (2) (d)
—
Finance Act, 1940 (3 & 4 Geo. 6, c. 29), s. 43 (2) (a).