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Nemesis Australia Pty Ltd v Commissioner of Taxation (2005) 225 ALR 576

This case considered the issue of the rule against perpetuities and whether or not distributions from a trust to trust beneficiaries that were void because they infringed the rule against perpetuities were validated as a result of the “wait and see” rule.

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Nemesis Australia Pty Ltd v Commissioner of Taxation (2005) 225 ALR 576
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