H.M. Attorney General v Zedra Fiduciary Services (UK) Ltd & ors [2020] WTLR 1287
Wills & Trusts Law Reports | Winter 2020 #181In 1927 a partner (GF) in Barings Brothers & Co (Barings) transferred cash and securities of almost £500,000 (the National Fund) to Barings in anticipation of the execution of a deed of trust by Barings, which was executed on 9 January 1928 (the deed). Other donors, including Lord Dalziel, subsequently made further contributions to the National Fund. By clause 2 of the deed Barings held the National Fund as trustees upon trust to accumulate income and profits until the date fixed by the trustees as being the date when, either alone or together with other funds then available for the ...
Dewar v Sheffield City Council & anr [2019] WTLR 495
Wills & Trusts Law Reports | Summer 2019 #175Graves Park in Sheffield was held by the defendant council on a charitable trust governed by scheme made in 2009. Clause 4(2) of the scheme provided that the land subject to the scheme ‘must be retained by the trustee for use for the object of the charity’. Clause 10 of the scheme provided that “The Commission may decide any question put to it concerning: (1) The interpretation of this scheme; (2) The propriety or validity of anything done or intended to be done under it.”
Section 6, Trusts of Land and Appointment of Trustees Act 1996 provides that:
‘(1) For ...