R v R - [1934] NZLR 90

National Expenditure Adjustment — "Rents payable in respect of Land or of any Interest in Land" — Annuity secured by Mortgage with Right to Distrain on non-payment but not making Annuity payable out of Rents and Profits — Personal Annuity not Rent-charge — Not subject to Statutory Reduction — National Expenditure Adjustment Act, 1932, s 31.