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Hello and welcome to bite-sized law. This is the fourth video in my series on formalities and constitution. So in the previous video we saw that an imperfect gift will not be perfected simply by interpreting the property owner to be a trustee of the property which was to be the subject matter of the gift. Thats the effect of the decision in the case of Milroy v Lord. However what we will see today is that there are some situations where the court has perfected an imperfect gift. On this slide I have set up the main exceptions for you and Im going to concentrate on the first 3 because they are the ones that, in my experience, students find the most difficult and also they tend to crop up quite regularly in assessment questions. So the first exception is the principal in Re Rose and you might see this referred to as the every effort rule. Mr Rose owned shares in a private company and he wanted to transfer some of those shares to his wife. The rules of th