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Cash Order Purchases Limited v Brady - [1952] NZLR 898

$30.00

High Court Wellington
28, 31 March; 5 September 1952
Sir Humphrey O'Leary CJ; Northcroft J; Finlay J; North J
Money-lender — Cash-order Business — Customer receiving Order to Retail Vendor to supply Goods purchased by Customer from Such Vendor — Payment for Order including "administration fee" of Five per cent. of Cost of Goods — Agreement between Cash Order Company and Retail Vendor for Sale and Purchase of Goods to Amount of Each Order — Court entitled to inquire into Real Nature of Transaction and go behind Agreements — Transactions not Sales between Cash Order Company and Customer but Money-lending Transactions — Cash Order Company a "money-lender" and required to register as Such — Money-lenders Act, 1908, ss 2, 4 (1) (a).

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