Guardian Trust and Executors Company of New Zealand Limited v Commissioner of Stamp Duties - [1945] NZLR 14

Public Revenue — Death Duties (Estate Duty) — Deduction of Debt in computing Final Balance of Estate — Guarantee by Deceased of Overdraft of Company in which he held Shares — Demand by Bank after Deceased's Death for Payment — Whether a debt incurred by deceased otherwise than for full consideration in money or money's worth wholly for his own use and benefit" — Death Duties Act, 1921, s 9 (1) (2) (a).