Commissioner of Stamp Duties v Wallace - [1942] NZLR 241

Public Revenue — Death Duties (Gift Duty) — Husband's Money invested in Wife's Name — Promissory Notes on demand given by Wife to Husband in respect of each Investment — Irrecoverable after Six Years from Date of Gift coming into existence when Debt irrecoverable — Whether Penal Gift Duly chargeable — Death Duties Act, 1921, ss 36 (d), 58.