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McMeel on the Construction of Contracts: Interpretation, Implication and Rectification

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Trusts and Powers


ISBN13: 9780421421707
ISBN: 0421421703
Published: June 1989
Publisher: Sweet & Maxwell Ltd
Country of Publication: UK
Format: Hardback
Price: Out of print





The relationship between trusts and powers frequently gives rise to complex problems in practice. David Maclean sets out with clarity and precision a full exposition of the general law.

  • The author, who is in practice in Australia, deals in detail with the English authorities before noting the points of difference between English and Australian law.

Subjects:
Equity and Trusts
Contents:
What kinds of powers are trustees of discretionary trusts permitted to hold?
What rules apply to the exercise of discretion by trustees?
The equitable doctrine of fraud on a power.
Trustees' powers of appointment.
The exercise of discretions and powers.
Fraud on a power.
Variation of discretionary trusts pursuant to statute.