Re Supreme Court Registrar to Alexander Dawson Inc - [1976] 1 NZLR 615

Property law — Mortgagee — Remedies of mortgagee — Purchase by mortgagee, an American corporation, at registrar's sale — Restrictions on right to redeem — Clogging — Original loan made by an American citizen in consideration of option to purchase 60 percent of land — Option later released — Option to purchase a clog even if in separate documents.

Sale of land — Restrictive legislation — Land settlement promotion purchase by mortgagee, an American corporation, at registrar's sale — Consent to transaction — Land Settlement Promotion and Acquisition of Land Act 1952, s 35H(4).