R v Smith - [1991] 3 NZLR 740

Criminal law — Practice and procedure — Accused company directors facing charges relating to allegedly untrue statements included in advertisements inviting members of the public to purchase gold and bullion — Application for discharge under s 347 of the Crimes Act 1961 — Whether advertisement offered a "security" within the meaning of the Securities Act 1978 — Whether what was offered was "interest or right to participate in . . . property of any person" — Securities Act 1978, ss 2 and 58(1) — Sale of Goods Act 1908, ss 2, 18 and 20 — Crimes Act 1961, s 347.

Commercial law — Securities Act 1978 — Advertisement inviting members of public to purchase gold and bullion — Allegedly untrue statements contained in advertisements — Whether advertisement offered a "security" — Whether what was offered was "interest or right to participate in . . . property of any person" — Securities Act 1978, ss 2 and 58(1).