[2011] NZREADT 6 Eden v CAC 10059 & Seddon Real Esate Limited [pdf, 120 KB]
...of the Act. [12] He submitted further that s 122 were clearly applicable as he (Mr Eden) was a party to the transaction referred to under s 122. [13] Mr Bean, on behalf of Seddon Real Estate, took no part in the action. However, he had filed a reply to Mr Eden’s evidence and submissions. He submitted that s 122 of the Act dealt solely with a “treatment of monies in trust accounts” and was not relevant to the dispute. He said that a nil balance was recorded for Seddon R...