i) A2 held the initial option on Trust for B1; but
{"Image DocumentName": "i) A2 held the initial option on Trust for B1; but", "Image ImageDescription": "Analysing re Vandervell (No 2) From a different point of view, the attempted transaction seems analogous to that in Vandervell v IRC (see next slide) as A2\u2019s involvement is necessary for the transaction to take place (A2 must exercise the option to buy the shares) if signed writing is not required, then A2 holds the shares on Trust for B2 as: i) A2 held the initial option on Trust for B1; but. ii) B1 has successfully directed that the shares should be held on Trust for B2.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}