Apple Fields Ltd. v. New Zealand Apple and Pear Marketing Board, [1991] 2 WLR 129 (PC) -- summary under Term Preferred Share

By services, 28 November, 2015

S.27(1) of the Commerce Act 1986 (New Zealand) provided:

"No person shall enter into a contract or arrangement, or arrive at an understanding, containing a provision that has the purpose ... of substantially lessening competition in a market."

Lord Bridge stated (p. 134):

"'Arrangement' is a perfectly ordinary English word and in the context of section 27 involves no more than a meeting of minds between two or more persons, not amounting to a formal contract, but leading to an agreed course of action."

Topics and taglines
Topic
Income Tax Act - s. 248(1) - Term Preferred Share
Words and phrases
arrangement
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
337430
Extra import data
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