NZ Insurance Co Ltd v Commissioner of Stamp Duties - [1954] NZLR 239

Public Revenue — Death Duties (Estate Duty) — Allowance for Debts — Deceased's Liability for Payment of Annuity — Such Annuity not a "contingent debt" — Amount of Annuity capable of Estimation by Usual Actuarial Calculation — Such Amount allowable as "debt owing by the deceased at his death" — Death Duties Act, 1921, s 9 (2) (d), (3).