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Court of Appeal Wellington
10, 11 November; 17 December 1965
North P., Turner J., McCarthy J.
10, 11 November; 17 December 1965
North P., Turner J., McCarthy J.
Contract — Void and illegal contracts — Illegal hire purchase agreement assigned to finance company — Whether assignment also illegal — How far assignee's knowledge of illegality relevant
Hire purchase — Hire purchase agreement — Agreement illegal — Whether assignment of such agreement also illegal — Effect of assignee's knowledge of illegality — Whether covenants in assignment enforceable — Hire Purchase and Credit Sales Stabilisation Regulations 1957 (Reprint) (S.R. 1963/149) Regs. 2, 3, 8 (a), Item 1, First Schedule.