Court of Appeal Wellington
14 June; 20 July 1984
Woodhouse P, Richardson and McMullin JJ
14 June; 20 July 1984
Woodhouse P, Richardson and McMullin JJ
Contract — Rescission — Sale of farm — Assessment of compensation — Effect of inflation — Court had found vendor to be of unsound mind and had rescinded contract subject to compensation being paid to purchaser who had been in possession — Purchaser had made improvements but inflation had also increased land's value — Whether purchaser was entitled to the benefit of the inflationary increase or only entitled to payment for betterment.
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