Watt: Equity and Trusts Directions 
Pointers to answering self-assessment questions and exercises
Test bankWatt: Equity and Trusts Directions
Chapter 02
In August 2004 the Inland Revenue published a consultation document Modernising The Tax System For Trusts which is intended to deliver a modernised tax system consistent with the following principles:
www.inlandrevenue.gov.uk/trusts/trusts-modernisation.pdf
Jerome v Kelly (Her Majesty's Inspector Of Taxes) [2004] 1 WLR 1409, House of Lords, is an important case on the capital gains taxation of trusts:
www.parliament.the-stationery-office.co.uk/pa/ld200304/ldjudgmt/jd040513/kelly-1.htm
On the 16 October 2003 the Law Commission has published a consultation paper (Consultation Paper 172) on The Forfeiture Rule and the Law of Succession
www.lawcom.gov.uk/docs/cp172.pdf
And on 27 th July 2005 it published its final report
www.lawcom.gov.uk/docs/lc295_Final.pdf
Richard & Others v. The Hon AB Mackay & Others Trust Law International, vol. 11 (1997)
www.kessler.co.uk/dtwt/articles/Richard_v._Mackay.html
A full text report on a case concerning an application to export a trust, from the website of James Kessler, Barrister, the author of Drafting Trusts and Will Trusts (London: Sweet & Maxwell)
S Hedley 'Ten questions for 'unjust enrichment' theorists' (1997) 3 Web JCLI.
webjcli.ncl.ac.uk/1997/issue3/hedley3a.html
An article arguing that restitution is a miscellany of disparate laws that cannot be organised under an umbrella idea of 'unjust enrichment'
G Rothschild, D S. Rubin and J G. Blattmachr 'Self-Settled Spendthrift Trusts: Should a Few Bad Apples Spoil the Bunch?'
www.mosessinger.com/articles/files/spendthrift.htm
An article on protective trusts originally appearing in (1999) (9(1)) Journal of Bankruptcy Law & Practice.
Equitable Life v Hyman [2002] (House of Lords case on Pension Trusts)
http://www.publications.parliament.uk/pa/ld199900/ldjudgmt/jd000720/equite-1.htm
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