Auckland Harbour Board v Commissioner of Inland Revenue - [1959] NZLR 204

Revenue — Stamp duties — Surrender of Lease — Harbour Board paying Lessee amount for Surrender and granting New Lease — Surrender assessed with Ad Valorem Duty — Board, with New Lease, obtaining Reversion of Greater Value and augmenting Its General Assets and Funds — Board not holding General Assets and Funds Upon Trust for Charitable Purposes — Board Not "Charitable trust" — Assessment upheld — Stamp Duties Act 1954, ss. 66 (a), 69 (f) — Harbours Act 1950, ss. 3, 232

Local government — Harbour Board — Charitable Trust — Board's Assets and Funds not Capable of Court's Control or Administration — Functions and Duties of Board Subject to Statute — Board's Assets and Funds not "Charitable Trust" — Harbours Act 1950, ss. 3, 232.