Hawken v Commissioner of Inland Revenue - [1964] NZLR 943

Property law — Land transfer — Mortgage — Whether registered mortgage affecting legal or equitable title to security.

Revenue — Death duty (gift duty) — Mortgage executed and registered without consideration — Subsequently interest and principal paid — Whether execution and registration of mortgage a gift — Whether payments of principal and interest under mortgage gifts as and when made — Estate and Gift Duties Act 1955, ss. 41, 42.