A B K v MacShamhrain

• Jurisdiction: Ireland
• Judgment Date: 31 July 1958
• Date: 31 July 1958
• Court: Supreme Court

A.B.K

and

MacShamhrain

Income to beneficiary -Power to beneficiary to appoint all or portion of that income to be held for benefit of child of beneficiary - Such appointment mode in favour of infant - Amount appointed treated as income of appointor - Finance Act, 1937 (No. 18 of1937), s. 2, sub-ss. 1, 11.

Where a deed of settlement settles an income on a beneficiary and gives that beneficiary power to appoint revocably or irrevocably all or portion of that income among his or her children and that person duly makes such a revocable appointment to a child under twenty-one years of age then the income so appointed will by virtue of s. 2...