Swales v Commissioners of Inland Revenue
| Jurisdiction | England & Wales |
| Date | 1984 |
| Year | 1984 |
| Court | Chancery Division |
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Thomas Jones and Others v Firkin-flood and Another
- United Kingdom
- Chancery Division
- 17 Octubre 2008
...part of the implementation of a beneficial investment decision. 208 For the general principle Mr Cooper relied upon Swales v. IRC [1984] 3 All ER 16, at 24 per Nicholls J, where he said: “It is trite law that trustees cannot fetter the exercise by them at a future date of a discretion posse......