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Australian Mutual Provident Society v National Mutual Life Association of Australasia Ltd - [1995] 1 NZLR 581
$30.00
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Court of Appeal Wellington
10 October; 18 November 1994
Cooke P, Hardie Boys and Tompkins JJ
10 October; 18 November 1994
Cooke P, Hardie Boys and Tompkins JJ
Contract — Interpretation — Lease — Rent review clause — Absence of ratchet provision — Whether "may" to be interpreted as "shall" so that rent review mandatory.
Property law — Lease — Interpretation — Rent review clause — Absence of ratchet provision — Whether "may" to be interpreted as "shall" so that rent review mandatory.