Macolm - Okataina 10 (2001) 206 Rotorua MB 287 (260 ROT 287) [pdf, 5.8 MB]
...intention of the parties was to contract in accordance with common practice, which in New Zealand is to obtain the signatures of both vendor and purchaser on a formal contract drafted by solicitors. No contract was completed, therefore, the Court of Appeal allowed the appeal. Counsel for Mr Malcom, on the other hand, argued this was not a subject to contract arrangement. He submitted that the terms of this contract were clearly set out in the resolution passed by the Trust at the me...