Waring (No 2), In re

Subject Matter

WILL — Annuities given “free of income tax” — Will dated before September 3, 1939 — Testator dies after that date — Court of Appeal holds s. 25 of the Finance Act, 1941 applies — House of Lords subsequently in another case holds that decision wrong — Rights of annuitants — Res judicata — Finance Act, 1941 (4 & 5 Geo. 6, c. 30), s. 25 — Finance (No. 2) Act, 1945 (9 & 10 Geo 6, c. 13), s. 20.