Marshall v Commissioner of Stamp Duties - [1942] NZLR 317

Land Transfer — Bringing Land under Act — Public Revenue — Death Duties (General) — Deductible Debts — Effect of bringing Mortgaged Land under Land Transfer Act — Such Land Part of Final Balance of Registered Proprietor's Estate for Death-duty Purposes — Memorandum of Mortgage a Gift, but Subsequent Releases and Substitutions of Mortgages not for Money's Worth, but for Arrangement of Mortgagor's Finances, with Extension of Time for Payment — Whether such Arrangements make Money owing to Mortgages a Deductible Debt — Land Transfer Act, 1915, ss 2, 54, 102 — Death Duties Act, 1921, ss 3, 5 (a), 6 (1), (2), 9 (1), (2).