Probate and Legacy Duties (Ireland) Act, 1814

Duty on legacies, when value can only be ascertained by application of the allotted fund, &c., to be charged on the money as applied.

12. And . . . if any benefit shall be given by any will or testamentary instrument, in such terms that the amount or value of such benefit can only be ascertained from time to time by the actual application for that purpose of the fund allotted for such purposes, or made chargeable therewith, or if the amount or value of any benefit given by any will or testamentary instrument cannot, by reason of the form or manner of the gift, be so ascertained that the duty to which the same shall be then subject can be charged thereon under any other of the directions herein contained, then and in every such case such duty shall be charged upon the several sums of money or effects which shall be applied from time to time for the purposes directed by such will or testamentary instrument, as separate and distinct legacies or bequests, and shall be paid out of any fund which may be applicable for such purposes or charged with answering the same.