Privy Council Wellington
11 May; 12 June 2000
Lord Nicholls of Birkenhead, Lord Steyn, Lord Hoffmann, Lord Hutton and Blanchard J
11 May; 12 June 2000
Lord Nicholls of Birkenhead, Lord Steyn, Lord Hoffmann, Lord Hutton and Blanchard J
Revenue — Income tax — Deductibility — Liability for accrued employee leave payments assumed as part of purchase agreement — Whether capital or revenue payments — Crown Research Institutes Act 1992, s 41.