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Board of Trustees of the National Provident Fund v Shortland Securities Ltd - [1996] 1 NZLR 45
$30.00
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Court of Appeal Wellington
7, 8, 31 August 1995
Richardson, Gault, McKay JJ
7, 8, 31 August 1995
Richardson, Gault, McKay JJ
Contract — Interpretation — Lease — Rent review clause — Parties specifically excluding ratchet clause — Lessor refusing to review rent at review date — Whether review mandatory.
Property law — Lease — Interpretation — Rent review clause — Ratchet clause specifically excluded by parties — Lessor refusing to review rent at review date — Whether review mandatory.