Melanesian Mission Trust Board v Australian Mutual Provident Society
Melanesian Mission Trust Board v Australian Mutual Provident Society
- 1997
- Estates Gazette Law Reports [1997] 41 EG 153-156(4) .
PC 17 December 1996. The CA of New Zealand held that a lease clause meant that at review, the rent could be less than the current lease. The appellant landlord appealed contending that on its proper construction the lease meant that in the event of a rent review the rent was not to be less than the current rent. Appeal dismissed.
LEASE
NEW ZEALAND
RENT REVIEWS
UPWARD ONLY RENT REVIEWS
PC 17 December 1996. The CA of New Zealand held that a lease clause meant that at review, the rent could be less than the current lease. The appellant landlord appealed contending that on its proper construction the lease meant that in the event of a rent review the rent was not to be less than the current rent. Appeal dismissed.
LEASE
NEW ZEALAND
RENT REVIEWS
UPWARD ONLY RENT REVIEWS