Certainty of object: Flashcards
1
Q
IRC v Broadway Cottages [1954] 1 All ER 878
A
certainty of object - This case formulated a ‘complete list test’ which states that discretionary trusts are valid only if it is possible to ascertain the identity of every single member of the class (i.e. to make a complete list) of potential beneficiaries
2
Q
A