Barling v Commissioner of Taxes - [1940] NZLR 831

Public Revenue — Income - tax — Will — Construction — Children's Interests — Whether Vested or Contingent — Income of Share of Estate to which Children contingently entitled held upon Trustee's Discretion to accumulate, pay to Children, or apply for their Maintenance or Education or Preferment — Portion applied for Maintenance and Education — Portion accumulated — How assessable — Land and Income Tax Act, 1923, ss 35, 102 (a), (b).