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Some Legal Aspects of Reversionary Transactions

Published online by Cambridge University Press:  11 August 2014

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Extract

The course of reading for the examination does no more than touch on the way in which the business of purchasing, or granting loans on, reversions is influenced by legislation. The object of this paper is to peel a second layer off the fruit of reversionary knowledge, rather than to bite too deeply at one point on its circumference. The standard work by Withers, running to 480 pages, gives evidence of the number of layers left undisturbed.

Whilst most of the matters mentioned on the following pages fall primarily within the province of the solicitor, the partnership between solicitor and actuary will be more efficient and beneficial to the client if each partner has a rudimentary grasp of the affairs of the other.

Type
Research Article
Copyright
Copyright © Institute of Actuaries Students' Society 1960

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