F v F - [1955] NZLR 244

National Expenditure Adjustment — Deed of Covenant Providing for Payment of Annuity to Former Wife — Covenantor remarrying, and, on his Death, leaving Widow and Child — Application by His Executors for Modification of Deed — Executors Persons "incurring obligation" — Court's Power to modify Deed — Changed Circumstances since Execution of Deed relevant, and calling for Court's Intervention — Lump-sum Payment, in Lieu of Annuity, to Convenantee — National Expenditure Adjustment Act, 1932, s 42. — Finance Act, 1933, s 5 (1) (2).