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High Court Wellington
20 April 1994
Doogue J
20 April 1994
Doogue J
Commercial law — Securities Act 1978 — Cooperative dairy companies — Whether offer to take money on deposit made to "supplying shareholders" an offer "to the public" — Securities Act 1978, s 3(2) — Securities Regulations 1983.
Commercial law — Cooperative dairy companies — Observations as to nature of shareholding — Co-operative Dairy Companies Act 1949, s 32.