...denomination are liable to duty under the Succession Duty Act, and no longer under the Legacy Duty Acts. 21. The interest of every successor in real property is...such property, during the residue of his life, or for any less period during which be shall be entitled thereto. The duty is to be paid by eight equal...

...interest of every successor to real property (in which are included leaseholds of all denominations) is considered to be the value of an annuity equal...of such property during the residue of his life, or any less period during which he shall be entitled to it. The tables appended to the Act are of great...

...paying the same. Where the successor is not competent to dispose of the heritable property, his interest is considered to be the value of an annuity equal to the annual value of such property after making certain allowances. Every such annuity is, for the purposes...