Wanganui-Rangitikei Electric Power Board v Australian Mutual Provident Society [1934] HCA 3

OF AUSTRALIA. 581

n this case, nor any combination of them, constituted the certificate H.C. or A.

overy required by the agreement. It would be idle for me to we

the reasons of the learned Judge for that conclusion, in which Avsrratran

entirely agree. cae The appeal should be dismissed. aoe Appeal dismissed. Solicitors for the appellant, Green, Dobson & Middleton. Solicitors for the respondent, Maddock, Jamieson & Lonie. RP c sun,

Pe Sever | 40h can, Beet H-DeW. ff bid Ward ree. { Paavo: TERN Bp | Ware ne" ibs rene | Hage eae Fe oon, jbeople's Boe Mickel

an rn

(HIGH COURT OF AUSTRALIA.]

WANGANUI-RANGITIKEI ELECTRIC ie j POWER BOARD ecm PLatntIFF, AND AUSTRALIAN MUTUAL Bee et Re SOCIETY SSPONDENT. en DEFENDANT, 1933-1934. Ww Sypyey, ON APPEAL FROM THE SUPREME COURT OF Nov. 28-30, NEW SOUTH WALES. 1933. Metpourng,

ate International Law—Proper law of contract—Loan—Lender, New South Wales Mar. 26, _ Corporation—Borrower, New Zealand local authority—Statutory provisions as to 1934. raising loan and repayment thereof—Debentures—Interest payable in New South Gavan Dutty Wales—Local Bodies' Loans Act 1913 (N.Z.) (No. 30 of 1913)—Electric-power 16-3» Starke, Boards Act 1918 (N.Z,) (No. 5 of 1918)—Finance Acts, 1921, 1922, 1927 (N.Z.) "4 MeTlemnan (No. 5 of 1921, No. 51 of 1922, No. 5 of 1927),

VOL. L. 40

HIGH COURT (1933-1934,

H.C. or A. Interest Reduction—Loan by New South Wales company to New Zealand local. authority

1934, Ww Wancanur- RavorriKer Evecrrie PowER Boarp b AUSTRALIAN Morvat. Provip

(N.S.W.), by sec. 2 (1), provides :

—Interest payable within New South Wales—Statutory reduction of interest— Scope of Act—Matter or thing " inand of New South Wales "—Interest Reduction Act 1931 (N.S.W.) (No. 44 of 1931), secs. 2 (1)*, 3 (1)*, 4 (5)*, 54, 124 Moratorium and Interest Reduction (Amendment) Act 1931 (N.S.W.) (No. 66 of 1931), sec. 3—Interpretation Act 1897 (N.S.W.) (No. 4 of 1897), sec. 174,