What is the effect of the Rules of the 1884 in England on the amount of income that can be made out of a lump sum?
Ontario, Canada
The following excerpt is from Fraser v. Bell, 1886 CanLII 22 (ON CA):
The Rules of 1884, adopted in England, provide distinctly for payments of this character. See the case of Savage v. Payne, Re Lord Stamford, 33 W.R. 909. Our early adoption of these rules would seem very advisable.
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