The Law Reports (Chancery Division)
[1958] Ch 154
[CHANCERY DIVISION]
In re MEUX, DECD. GILMOUR v. GILMOUR AND OTHERS.
[1957 M. 641.]
1957 May 23;
June 6.
June 6.
Wynn-Parry J.
Town and Country Planning
— Compensation
— Land held on trust for sale
— Compensation not to be treated as proceeds of sale arising under trust for sale
—
Law of Property Act, 1925 (15 & 16 Geo. 5, c. 20), s. 28 (1)
—
Settled Land Act, 1925 (15 & 16 Geo. 5, c. 18), s. 58 (1)
—
Town and Country Planning Act, 1954 (2 & 3 Eliz. 2, c. 72), s. 66 (1)
—
Town and Country Planning (Mortgages, Rent-charges, etc.) Regulations, 1955 (S.I. 1955, No. 38), reg. 10.
Trust and Trustee
— Variation of trusts
— Infant tenant in tail in remainder
— Proposal that infant's entailed interest be sold to tenant for life and purchase price be paid to trustees of new settlement for the infant's benefit
—
Trustee Act, 1925 (15 & 16 Geo. 5, c. 19), s. 53.