Comr for Stamp Duties of New South Wales v Perpetual Trustee Co Ltd

Subject Matter

REVENUE — Australia (new south wales) — Revenue — Death duty — Settlement — Trust — Gift of equitable interest in shares — Bona fide possession and enjoyment assumed by donee immediately upon the gift — Retention to entire exclusion of donor — Shares not part of settlor's dutiable estate — New South Wales Stamp Duties Act, No. 47 of 1920, s. 102, sub-s. 2 (d).