Gulbenkian's Settlements, Re (No. 2)
| Jurisdiction | England & Wales |
| Year | 1969 |
| Date | 1969 |
| Court | Chancery Division |
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6 cases
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Re Locker's Settlement
... ... In re LOCKER'S SETTLEMENT MEACHEM AND OTHERS v. SACHS AND OTHERS ... [1975 L. No. 4208] ... 1977 May 10, ... Goulding J ... Trusts - Discretionary - Distribution of income - ... In re Allen-Meyrick's Will Trusts [1966] 1 W.L.R. 499 and In re Gulbenkian's Settlements (No. 2) [1970] Ch. 408 distinguished ... (2) That the trustees' discretion should be exercised ... ...
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Entrust Pension Ltd v (1) Prospect Hospice Ltd (2) Yvonne Hunter
...by the court. That submission is founded on In re Allen-Meyrick's Will Trusts [1966] 1 WLR 499 and In re Gulbenkian's Settlements (No.2) [1970] Ch. 408. They, however, concerned permissive, as distinct from obligatory, discretionary powers, and in each case the trust instrument contained a ......
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Commissioners of Inland Revenue v Berrill
...were to remain exercisable for more than six years after the income arose to the trustees (as in In reGulbenkian's Settlements (No. 2) [1970] Ch 408) it might be too late for the Revenue to raise an assessment. I think the true position is, as Mr. Nugee submited, that a new source comes int......
- Lutheran Church of Australia South Australia District Incorporated v Farmers' Co-Operative Executors and Trustees Ltd
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2 books & journal articles
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Powers
...one of them the watch. Had the watch been held by a fiduciary — for example, by an 9 Re Gulbenkian’s Settlement Trusts (No 2) (1969), [1970] Ch 408. 10 “Lapse” means the power ends, since there is no longer anyone who can exercise the power. Power s 33 executor — the objects of the power co......
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Equity and Trusts: Concerned with Moral Questions or Formal Rules?
...(n 7) 126 35 Morice v Bishop of Durham (1804) 32 ER 656, [404] 36IRC v Broadway Cottages (1952) 35 TC 577 37 Alderson (n 4) 339 38 [1970] Ch 408 39 Hudson (n 7)159 40 [1971] AC 424 28 S.S.L.R Equity and Trusts: Moral Questions or Form al Rules? Vol.4 approach to this test in order to give e......