Court of Appeal Wellington
14 May; 17 June 1976
Richmond, Woodhouse and Cooke JJ
14 May; 17 June 1976
Richmond, Woodhouse and Cooke JJ
Contract — Interpretation — Intention of parties to enter into a binding contract containing machinery or formula to settle terms and conditions — Contract binding.
Arbitration — Practice — "Differences" in an arbitration clause include "failure to agree" - Court should not restrict operation of a wide clause.
Property law — Leases — Agreement to renew — Terms to be settled by arbitration — Arbitration no jurisdiction to include in a renewal a term for further renewal in the absence of expressed provision in original lease.