The paper looks at the resulting-trust analysis adopted by the Supreme Court in the case of Prest v Petrodel Resources and argues that there is an inclination to an objectively deductive measure of inferred intention of the transferor. The presumed ownership for the transferor is based neither on intention inconsistent with a trust nor on intention to make a gift by the transferor; rather, the inferred intention is based on the objective deduction of the respondent-company not using property consistent with its beneficial ownership. The shift to the context-based application of objective inference is hidden in an unarticulated application of presumption in contextual-neutrality.
History
Citation
The Conveyancer and Property Lawyer, 81 (2), pp. 101-115
Author affiliation
/Organisation/COLLEGE OF SOCIAL SCIENCES, ARTS AND HUMANITIES/School of Law
The file associated with this record is under embargo until 12 months after publication, in accordance with the publisher's self-archiving policy. The full text may be available through the publisher links provided above.