Equity and Trusts: In Principle, 2nd Edition has been revised to update its content with the latest case law and statutory developments and restructured to align its order of presentation with Dal Pont, Chalmers and Maxton, Equity and Trusts: Commentary and Materials. 4th Edition and Dal Pont and Chalmers, Equity and Trusts in Australia, 4th Edition. Changes include separating the material on relief against forfeiture and penalties into discrete chapters; collapsing the material on termination of trusts into the variation of trusts chapter; and combining managed investment schemes and superannuation trusts in the one chapter. Practice and tutorial questions and answers have been revised throughout to assist students to evaluate their understanding of the subject.

Case law has been updated throughout the text. Significant additions include:

This edition provides students with a principle-based approach to equity and trusts – a potentially complex subject which is heavily reliant upon factual distinctions. This text ensures students have a good understanding of the core concepts, which they can apply with confidence when approaching more detailed and in-depth analysis. Equity and Trusts: In Principle, 2nd Edition continues to be an excellent learning tool for LLB and business law students.

CONTENTS
Part I - The Nature of Equity
Part II - Equitable Interests in Property; Equitable interests and priorities. Equitable assignments.
Part III - Relationships of Trust; Fiduciary relations. Government and the public trust. Confidential information. Undue influence.
Part IV - Unconscionable Conduct; Fraud and mistake. Unconscionable dealing. Estoppel. Relief against forfeiture.
Part V - Unfair Outcomes; Part performance. Penalty clauses. Subrogation, contribution and marshalling. Deceased estates.
Part VI - Trusts; Nature of a trust. The requisite certainties. Formalities and complete constitution. Legality of trusts. Trustees. Duties, powers and rights of trustees. Breach of trust. Variation, resettlement and termination of trusts. Charitable trusts. Resulting trusts. Trusts for commercial purposes. Trusts for investment (by Dr L M Butler, Faculty of Law, University of Tasmania).
Part VII - Equitable Defences; Laches, set-off and unclean hands.
Part VIII - Equitable Remedies; Injunctions; Mareva and Anton Piller orders; Specific performance. Compensation, damages and account of profits. Rescission. Receivership. Declarations, rectification, specific restituion and delivery up. Constructive trusts. Tracing.