… if not to the other named beneficiaries.
43. Secondly, if a party holding a general power of appointment fails to exercise the
power in their lifetime, the trustees may then hold the trust property on trust for the
11 “It is not a case of a …
… not about what the Commission would
do, it’s about what the Court would do. That has implications as to how one
goes about this. It also has implications for the relevance of this appeal
because it is not just relevant to this arcane area of com…