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Board of Trustees of the National Provident Fund v Brierley Investments Ltd

Language: English Series: New Property Cases ; [1996] NPC 102 (2)Publication details: 1996Subject(s): Summary: Privy Council 24 June 1996. A contractual obligation in an agreement for a lease not to offer for completion a lease containing a `ratchet clause` does not preclude the execution of a lease containing a provision which has in substance the same effect. (HEADNOTE FROM JOURNAL) - NOT TO BE PHOTOCOPIED.

Privy Council 24 June 1996. A contractual obligation in an agreement for a lease not to offer for completion a lease containing a `ratchet clause` does not preclude the execution of a lease containing a provision which has in substance the same effect. (HEADNOTE FROM JOURNAL) - NOT TO BE PHOTOCOPIED.