23 May 1990
THH AND ANOTHER v. THE COMMISSIONER OF ESTATE DUTY
- Citation
- THH AND ANOTHER v. THE COMMISSIONER OF ESTATE DUTY
- Court
- Court of First Instance
- Case number
- HCMP3173/1989
On construction of the travel insurance policy and its endorsement the sister was intended to take the $3,000,000 beneficially; there was no unilateral right in the insured or his estate to intercept or revoke the nomination that would render the proceeds property passing on death for the purposes of s.6(1)(a) and thus within s.5; accordingly no estate duty was leviable on the policy proceeds.