Sina Holdings Ltd v Westpac Banking Corporation - [1996] 1 NZLR 1

Property law — Lease — Rights of renewal — Whether assignor remains liable for its covenants under subsequent renewal of lease by assignee.

Property law — Lease — Construction of deed of lease and deed of renewal of lease — Whether latter is a separate and new lease — Whether liabilities of assignor confined to the term of a particular demise.

Contract — Options — Lease containing rights of renewal — Whether privity of contract extends beyond existing demise where right of renewal is exercised by assignee — Whether different considerations applicable to exercise of any right of extension of lease.