{\rtf1\adeflang1025\ansi\ansicpg1252\uc1\adeff0\deff0\stshfdbch0\stshfloch37\stshfhich37\stshfbi37\deflang1033\deflangfe1033\themelang1033\themelangfe0\themelangcs0{\fonttbl{\f0\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}
{\f0\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}{\f35\fbidi \fswiss\fcharset128\fprq2{\*\panose 020b0604020202020204}Arial Unicode MS;}
{\f36\fbidi \froman\fcharset0\fprq2{\*\panose 02040503050406030204}Cambria{\*\falt Cambria};}{\f37\fbidi \fswiss\fcharset0\fprq2{\*\panose 020f0502020204030204}Calibri{\*\falt Arial Rounded MT Bold};}
{\f324\fbidi \fswiss\fcharset128\fprq2{\*\panose 020b0604020202020204}@Arial Unicode MS;}{\f336\fbidi \fswiss\fcharset0\fprq2{\*\panose 00000000000000000000}Univers{\*\falt Arial};}
{\flomajor\f31500\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}{\fdbmajor\f31501\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}
{\fhimajor\f31502\fbidi \froman\fcharset0\fprq2{\*\panose 02040503050406030204}Cambria{\*\falt Cambria};}{\fbimajor\f31503\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}
{\flominor\f31504\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}{\fdbminor\f31505\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}
{\fhiminor\f31506\fbidi \fswiss\fcharset0\fprq2{\*\panose 020f0502020204030204}Calibri{\*\falt Arial Rounded MT Bold};}{\fbiminor\f31507\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}
{\f340\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}{\f341\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}
{\f343\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}{\f344\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}
{\f345\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}{\f346\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}
{\f347\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}{\f348\fbidi \froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}
{\f340\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}{\f341\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}
{\f343\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}{\f344\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}
{\f345\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}{\f346\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}
{\f347\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}{\f348\fbidi \froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}{\f692\fbidi \fswiss\fcharset0\fprq2 Arial Unicode MS Western;}
{\f690\fbidi \fswiss\fcharset238\fprq2 Arial Unicode MS CE;}{\f691\fbidi \fswiss\fcharset204\fprq2 Arial Unicode MS Cyr;}{\f693\fbidi \fswiss\fcharset161\fprq2 Arial Unicode MS Greek;}{\f694\fbidi \fswiss\fcharset162\fprq2 Arial Unicode MS Tur;}
{\f695\fbidi \fswiss\fcharset177\fprq2 Arial Unicode MS (Hebrew);}{\f696\fbidi \fswiss\fcharset178\fprq2 Arial Unicode MS (Arabic);}{\f697\fbidi \fswiss\fcharset186\fprq2 Arial Unicode MS Baltic;}
{\f698\fbidi \fswiss\fcharset163\fprq2 Arial Unicode MS (Vietnamese);}{\f699\fbidi \fswiss\fcharset222\fprq2 Arial Unicode MS (Thai);}{\f700\fbidi \froman\fcharset238\fprq2 Cambria CE{\*\falt Cambria};}
{\f701\fbidi \froman\fcharset204\fprq2 Cambria Cyr{\*\falt Cambria};}{\f703\fbidi \froman\fcharset161\fprq2 Cambria Greek{\*\falt Cambria};}{\f704\fbidi \froman\fcharset162\fprq2 Cambria Tur{\*\falt Cambria};}
{\f707\fbidi \froman\fcharset186\fprq2 Cambria Baltic{\*\falt Cambria};}{\f708\fbidi \froman\fcharset163\fprq2 Cambria (Vietnamese){\*\falt Cambria};}{\f710\fbidi \fswiss\fcharset238\fprq2 Calibri CE{\*\falt Arial Rounded MT Bold};}
{\f711\fbidi \fswiss\fcharset204\fprq2 Calibri Cyr{\*\falt Arial Rounded MT Bold};}{\f713\fbidi \fswiss\fcharset161\fprq2 Calibri Greek{\*\falt Arial Rounded MT Bold};}{\f714\fbidi \fswiss\fcharset162\fprq2 Calibri Tur{\*\falt Arial Rounded MT Bold};}
{\f717\fbidi \fswiss\fcharset186\fprq2 Calibri Baltic{\*\falt Arial Rounded MT Bold};}{\f718\fbidi \fswiss\fcharset163\fprq2 Calibri (Vietnamese){\*\falt Arial Rounded MT Bold};}{\f3582\fbidi \fswiss\fcharset0\fprq2 @Arial Unicode MS Western;}
{\f3580\fbidi \fswiss\fcharset238\fprq2 @Arial Unicode MS CE;}{\f3581\fbidi \fswiss\fcharset204\fprq2 @Arial Unicode MS Cyr;}{\f3583\fbidi \fswiss\fcharset161\fprq2 @Arial Unicode MS Greek;}{\f3584\fbidi \fswiss\fcharset162\fprq2 @Arial Unicode MS Tur;}
{\f3585\fbidi \fswiss\fcharset177\fprq2 @Arial Unicode MS (Hebrew);}{\f3586\fbidi \fswiss\fcharset178\fprq2 @Arial Unicode MS (Arabic);}{\f3587\fbidi \fswiss\fcharset186\fprq2 @Arial Unicode MS Baltic;}
{\f3588\fbidi \fswiss\fcharset163\fprq2 @Arial Unicode MS (Vietnamese);}{\f3589\fbidi \fswiss\fcharset222\fprq2 @Arial Unicode MS (Thai);}{\flomajor\f31508\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}
{\flomajor\f31509\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}{\flomajor\f31511\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}
{\flomajor\f31512\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}{\flomajor\f31513\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}
{\flomajor\f31514\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}{\flomajor\f31515\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}
{\flomajor\f31516\fbidi \froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}{\fdbmajor\f31518\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}
{\fdbmajor\f31519\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}{\fdbmajor\f31521\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}
{\fdbmajor\f31522\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}{\fdbmajor\f31523\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}
{\fdbmajor\f31524\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}{\fdbmajor\f31525\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}
{\fdbmajor\f31526\fbidi \froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}{\fhimajor\f31528\fbidi \froman\fcharset238\fprq2 Cambria CE{\*\falt Cambria};}
{\fhimajor\f31529\fbidi \froman\fcharset204\fprq2 Cambria Cyr{\*\falt Cambria};}{\fhimajor\f31531\fbidi \froman\fcharset161\fprq2 Cambria Greek{\*\falt Cambria};}{\fhimajor\f31532\fbidi \froman\fcharset162\fprq2 Cambria Tur{\*\falt Cambria};}
{\fhimajor\f31535\fbidi \froman\fcharset186\fprq2 Cambria Baltic{\*\falt Cambria};}{\fhimajor\f31536\fbidi \froman\fcharset163\fprq2 Cambria (Vietnamese){\*\falt Cambria};}
{\fbimajor\f31538\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}{\fbimajor\f31539\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}
{\fbimajor\f31541\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}{\fbimajor\f31542\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}
{\fbimajor\f31543\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}{\fbimajor\f31544\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}
{\fbimajor\f31545\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}{\fbimajor\f31546\fbidi \froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}
{\flominor\f31548\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}{\flominor\f31549\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}
{\flominor\f31551\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}{\flominor\f31552\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}
{\flominor\f31553\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}{\flominor\f31554\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}
{\flominor\f31555\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}{\flominor\f31556\fbidi \froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}
{\fdbminor\f31558\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}{\fdbminor\f31559\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}
{\fdbminor\f31561\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}{\fdbminor\f31562\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}
{\fdbminor\f31563\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}{\fdbminor\f31564\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}
{\fdbminor\f31565\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}{\fdbminor\f31566\fbidi \froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}
{\fhiminor\f31568\fbidi \fswiss\fcharset238\fprq2 Calibri CE{\*\falt Arial Rounded MT Bold};}{\fhiminor\f31569\fbidi \fswiss\fcharset204\fprq2 Calibri Cyr{\*\falt Arial Rounded MT Bold};}
{\fhiminor\f31571\fbidi \fswiss\fcharset161\fprq2 Calibri Greek{\*\falt Arial Rounded MT Bold};}{\fhiminor\f31572\fbidi \fswiss\fcharset162\fprq2 Calibri Tur{\*\falt Arial Rounded MT Bold};}
{\fhiminor\f31575\fbidi \fswiss\fcharset186\fprq2 Calibri Baltic{\*\falt Arial Rounded MT Bold};}{\fhiminor\f31576\fbidi \fswiss\fcharset163\fprq2 Calibri (Vietnamese){\*\falt Arial Rounded MT Bold};}
{\fbiminor\f31578\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}{\fbiminor\f31579\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}
{\fbiminor\f31581\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}{\fbiminor\f31582\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}
{\fbiminor\f31583\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}{\fbiminor\f31584\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}
{\fbiminor\f31585\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}{\fbiminor\f31586\fbidi \froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}}{\colortbl;\red0\green0\blue0;
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\par }\pard\plain \ltrpar\s51\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 
\ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid16141757\charrsid10967062 IN THE MATTER}{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3281204\charrsid10967062 of a Motion for Judicial Review pursuant to Section\~50B of the Judicature Amendment Act\~2008}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16141757 
\par }\pard \ltrpar\s51\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s51\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15544093\charrsid13138749 AND
\par }\pard \ltrpar\s51\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid13138749 
\par }\pard \ltrpar\s51\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4815426\charrsid13138749 BETWEEN}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062\charrsid13138749 
\par }\pard \ltrpar\s51\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid10967062 
\par }\pard \ltrpar\s51\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid3281204\charrsid10967062 ALEXANDER TEARIKI OLAH}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid15544093\charrsid10967062 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15544093\charrsid13138749 Applicant}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4815426\charrsid13138749 
\par }\pard \ltrpar\s51\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid13138749 
\par }\pard \ltrpar\s51\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4815426\charrsid13138749 AND}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062\charrsid13138749 
\par }\pard \ltrpar\s51\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid10967062 
\par }\pard \ltrpar\s51\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid3281204\charrsid10967062 
THE BOARD OF THE COOK ISLANDS INVESTMENT CORPORATION}{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid4815426\charrsid10967062 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15544093\charrsid13138749 Respondent
\par }\pard \ltrpar\s51\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid13138749 
\par }\pard\plain \ltrpar\s46\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0\afs24 
\ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid4815426\charrsid13138749 Hearing}{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3281204\charrsid10967062 :}{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3281204\charrsid10967062 8}{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15544093\charrsid10967062 \~
April\~2011}{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3742035\charrsid10967062 
\par }\pard\plain \ltrpar\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \f336\fs24\lang2057\langfe5129\cgrid\langnp2057\langfenp5129 {\rtlch\fcs1 \af0\afs24 
\ltrch\fcs0 \b\f0\insrsid5007818\charrsid13138749 Counsel:}{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \f0\insrsid10967062  }{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \f0\insrsid3281204\charrsid10967062 Mr P Lynch for the Applicant}{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 
\f0\insrsid5007818\charrsid10967062 
\par }{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \f0\insrsid10967062  }{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \f0\insrsid3281204\charrsid10967062 Ms S Inder for Respondent
\par }{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \f0\insrsid10967062  }{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \f0\insrsid10630724\charrsid10967062 
\par }{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \b\f0\insrsid10630724\charrsid13138749 Judgment:}{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \b\f0\insrsid10967062\charrsid13138749  }{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \b\f0\insrsid5007818\charrsid13138749 
\par }{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \f0\insrsid9115729 
\par }\pard \ltrpar\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \b\f0\ul\insrsid10967062\charrsid13138749 JUDGMENT OF HUGH WILLIAMS J
\par }\pard \ltrpar\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \f0\ul\insrsid10967062\charrsid13138749 
\par }\pard\plain \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0\afs24 
\ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid12732295\charrsid10967062 A.}{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\b\lang2057\langfe5129\langnp2057\insrsid12732295\charrsid10967062 CIIC\rquote s application to strike out the proceedings brought against it by Mr\~
Olah is adjourned part heard to give him the opportunity, within 28 days from delivery of this Judgment, and if he thinks it appropriate, to amend his claim.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid12732295 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid12732295\charrsid10967062 B.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\b\lang2057\langfe5129\langnp2057\insrsid12732295\charrsid10967062 Within 14 days of the filing and service of any amended statement of claim or on the expiration of the said 28 day period, CIIC is to advise the Court and Mr\~
Olah what action it intends to take in relation to its striking-out application, and the matter can then be determined.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\b\lang2057\langfe5129\langnp2057\insrsid155643 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid12732295\charrsid10967062 C.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\b\lang2057\langfe5129\langnp2057\insrsid12732295\charrsid10967062 All issues of costs to date are reserved.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid12732295 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid12732295\charrsid10967062 D.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\b\lang2057\langfe5129\langnp2057\insrsid12732295\charrsid10967062 In formal terms, ANZ\rquote 
s application for the payment to it by the unsuccessful party to these proceedings of the interest accruing on its loan to Cliff Gadsby Construction (Cook Islands) Limited and Mr\~Heather is adjourned for determination on the }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 resolution of these proceedings}{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid12732295\charrsid10967062 .
\par }\pard\plain \ltrpar\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \f336\fs24\lang2057\langfe5129\cgrid\langnp2057\langfenp5129 {\rtlch\fcs1 \af0\afs24 
\ltrch\fcs0 \f0\insrsid15544093\charrsid10967062 
\par }\pard\plain \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 
\ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid9644230\charrsid10967062 Solicitors}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9644230\charrsid10967062 :
\par Paul Lynch, Rarotonga, for Applicant
\par Browne Harvey & Associates, Rarotonga, for Respondent
\par Little & Matysik, Rarotonga, for ANZ}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9644230 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9644230\charrsid10967062 Leases Approval Tribunal, Box 111 Rarotonga, (abiding decision of Court)
\par H & A Ariihee C/- Browne Harvey Associates (abiding decision of Court)}{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \b\lang2057\langfe5129\dbch\af35\langnp2057\insrsid10630724\charrsid10967062 \hich\af0\dbch\af35\loch\f0 Introductory}{\rtlch\fcs1 \af0\afs24 
\ltrch\fcs0 \b\lang2057\langfe5129\dbch\af35\langnp2057\insrsid1060642 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid10630724\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [1]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10630724\charrsid10967062 When this matter came before the Court on 8\~
April\~2011, there were extant:}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10630724 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid10630724\charrsid10967062 \hich\af0\dbch\af0\loch\f0 a)\tab}}\pard \ltrpar
\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\ilvl1\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10630724\charrsid10967062 An application}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10630724\charrsid10967062 by the applicant, Mr\~Olah, for the producti
on of documents relating to submissions made by the Board of the Cook Islands Investment Corporation (\'93CIIC\'94) to }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3568084\charrsid10967062 the }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10630724\charrsid10967062 Cabinet of the Cook Islands Government, together with Cabinet approvals, all documents in possess
ion of CIIC and all documents referred to in the First Schedule, Second and Third Part of CIIC\rquote s affidavit of documents dated 28\~October\~2010.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10630724\charrsid10967062 Privilege had been claimed for the documents listed in the Second and Third Parts of CIIC\rquote s affidavit of documents dated 28\~October\~2010.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10630724 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid10630724\charrsid10967062 \hich\af0\dbch\af0\loch\f0 b)\tab}}\pard \ltrpar
\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\ilvl1\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10630724\charrsid10967062 
An application by CIIC to strike out the proceedin}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3568084\charrsid10967062 gs on the grounds they disclosed }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10630724\charrsid10967062 no reasonable cause of action.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10630724 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid10630724\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [2]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10630724\charrsid10967062 
During exchanges between Bench and Bar in the course of the hearing of Mr\~Olah\rquote s application to produce the documents mentioned, it was suggested, first, that no evidentiary basis had been adduced which would entitle the Court to go beyond CIIC
\rquote s sworn affidavit of documents and accordingly there was no basis on which the application could be granted; that, although the Court has power under r\~14}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 3}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10630724\charrsid10967062 
to inspect documents as part of resolving a contested discovery application, such was not a practice to be generally followed}{\rtlch\fcs1 \af0 \ltrch\fcs0 \cs57\lang2057\langfe5129\langnp2057\insrsid10630724\charrsid10967062 \chftn {\footnote \ltrpar 
\pard\plain \ltrpar\s55\qj \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs20\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\cs57\super\insrsid9125897 \chftn }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9125897  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\insrsid9125897 General Accident Fire and Life Assurance Corporation Ltd v.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9125897  }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \i\insrsid9125897 Elite Apparel Ltd}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9125897  [1987] 1 NZLR 129.}}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 
 and was not a practice that was justified in this instance; and, thirdly, that the form of the interlocutory application chosen seemed inappropriate in the circumstances when what Mr\~Olah actually sought was evidence as to whether CIIC\rquote 
s statements of corporate intent }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3568084\charrsid10967062 from}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 
 2006 existed or were in a form which complied with CIIC\rquote s legal obligations.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 It was suggested \endash  not \'93recommended\'94 as later said by Mr\~Lynch, counsel for Mr\~Olah \endash  that under the Court\rquote s Rules }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 there }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 were
 other ways available which would be more likely to produce evidence of the facts on those issues.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 In response to Mr\~Lynch\rquote s query, mention was made of notices to admit facts, answers to interrogatories or statements of agreed fact.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1333666 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid1333666\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [3]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 At the conclusion 
of the hearing judgment was reserved to ensure sufficient time was available to hear other matters also set down.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 The files were sent to Hugh\~Williams\~J in New Zealand arriving on 26\~April\~2011 but, on 29\~April\~2011, the Court forwarded an application for 
leave to administer interrogatories together with supporting affidavit and a letter from Mr\~Lynch seeking leave to withdraw the application to produce documents.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid1333666\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [4]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 Leave is accordingly granted.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 The application for leave to produce accordingly requires n
o further discussion and the balance of this Judgment deals with CIIC\rquote s application to strike the claim out.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 Mr\~Olah\rquote s claim
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid1333666\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [5]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062  Mr\~Olah\rquote 
s claim is an application for judici}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 al review of what he pleads wa}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 s an exercise of statutory power by the CIIC in exercising its option to purchase a Deed of Lease dated 12\~August\~2004 over part of Kiri Section\~
88E Arorangi, taking an assignment of the lease from the }{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 Australia}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 n and New Zealand Banking Group Limited (\'93ANZ\'94) and assigning it to }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 a }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 Mr and Mrs\~Ariihee.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 The underlying facts are, with some amendment, as appear in a statement of issues filed by Ms\~Inder dated 4\~March\~2011.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 That reads:}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10630724 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid2761584\charrsid10967062 7.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2761584\charrsid10967062 By Deed of Lease dated 12th\~August\~2004, }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2761584\charrsid10967062 leased to Mr\~Geoffrey Heather part of this land being an area of 1,064m2.}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 8.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 Geoffrey Heather is a successor of an original landowner.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid6756858 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 9.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 Mr Geoffrey Heather used the Deed of lease as security for a loan with the }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7293447\charrsid10967062 Australia}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062  and New Zealand Banking Group Limited (\'93ANZ\'94).}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid6756858 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 10.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 When Mr\~Heather defaulted on the loan, ANZ became the Mortgagee in Possession of the Deed of lease between }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062  as Lessor and Mr\~Geoffrey Heather as Lessee.}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 11.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 ANZ Advertised the sale of the Deed of Lease by public tender.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid6756858 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 12.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 The Applicant was the successful tenderer in the amount of $175,000.00.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid6756858 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 13.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 The Applicant entered into an Agreement for Sale and Purchase of the }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7293447\charrsid10967062 Lease}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 with the ANZ as the vendor dated 9th\~August\~2010.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 14.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 Under the Deed of lease dated 12th August 2004 with Mr\~Heather, }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062  has the right of first refusal to the transfer, assignment or sublease of the Lease.}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 15.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 The sale agreement was conditional upon }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062  as Lessor not exercising its right of first refusal to purchase the Lease.}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 16.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 ANZ as vendor under the sale agreement by letter from its solicitor dated 16th\~August\~
2010, offered the right of first refusal of the assignment of the Lease to }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 17.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 
was contacted by successors of the original landowners wishing to purchase the lease and purporting to exercise their right of first }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7293447\charrsid10967062 refusal}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 18.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 
By Board resolution dated 25th August 2010 the Board resolved to exercise its right of first refusal subject to the proposed purchaser depositing the sum of $175,000.00 into }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 \rquote s account on or before 15th\~September\~2010.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid6756858 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 19.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 
received payment of $175,000}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 .00 from the proposed purchaser, Mr and Mrs\~Ariihee, }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 by ANZ cheque dated 08th\~September\~2010.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 20.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 
by letter from its solicitors to solicitors for the ANZ Bank dated 16th\~September\~2010 advised they wished to exercise their right of first refusal pursuant to clause\~5 of the Deed of Lease dated 12th\~August\~2004.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid6756858 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 21.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 
intended to acquire the Lease and then on sell it to successors of the original landowners, Mr and Mrs\~Ariihee.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 22.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858\charrsid10967062 The matter first came before Justice Savage on 04th\~October\~
2010 and interim orders were made preventing the parties from taking any further steps until this matter was determined by the Court.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6756858 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid1333666\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [6]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 Mr\~
Olah pleads that CIIC breached its statutory powers in exercising its option to purchase, having the lease assigned to it and in its decision to assign the lease to Mr and Mrs\~Ariihee.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 
He seeks a declaration to that effect and a further declaration that, in those decisions, CIIC acted in excess or misuse of i
ts statutory power, used it unreasonably, or failed to take into account relevant considerations or failed to exclude irrelevant considerations, all not }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 \'93}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 intended }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 by Parliament\'94 }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 under the Cook Islands Investment Corporation Act\~1998.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 He also seeks a declaration as to his right to specific performance against ANZ in respect of an agreement for sale and purchase dated 9\~August\~2010 entered into between those parties.}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid1333666\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [7]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 CIIC\rquote 
s defence is that its challenged action}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 s}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 
 were not the exercise of a statutory power but the exercise of contractual rights consistent with CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 \rquote s}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062  Act.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 
It therefore denies it has acted in excess of any statutory power and denies Mr\~Olah is entitled to specific performance of the 9\~August\~2010 contract, as that was always conditional on waiver of CIIC\rquote 
s right of first refusal and once that right had been exercised the assignment of the lease to the fourth respondents was simply a matter of contract.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 Application to strike out}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid1333666\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [8]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666\charrsid10967062 
The application asserted, in an unparticularised way, that Mr\~Olah\rquote s proceedings disclosed no reasonable cause of action, but Ms\~Inder for CIIC }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4462522\charrsid10967062 
submitted that, on the uncontested facts, r\~131 of the Code applied since on judicial review the Court\rquote s inquiry relates to the manner in which a statutory power is exercised, not into the merits of the decision.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\cs57\lang2057\langfe5129\langnp2057\insrsid4462522\charrsid10967062 \chftn {\footnote \ltrpar \pard\plain \ltrpar\s55\qj \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 
\fs20\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 \ltrch\fcs0 \cs57\super\insrsid9125897 \chftn }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9125897  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\insrsid9125897 Chief Constable of the 
{\*\xmlopen\xmlns2{\factoidname place}}North Wales{\*\xmlclose} Police v. Evans}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9125897  [1982] 1 WLR 1155 at 1173.}}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1333666 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid4462522\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [9]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4462522\charrsid10967062 She submitted CIIC\rquote 
s exercise of its option to purchase was a purely commercial decision arising solely from contract, namely clause\~5 of the lease of 12\~August\~2004, and could not be said to be a statutory power of decision.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4462522\charrsid10967062 The exercise of contractual rights is generally not reviewable as not being a power \'93
conferred by or under any Act\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \cs57\lang2057\langfe5129\langnp2057\insrsid4462522\charrsid10967062 \chftn {\footnote \ltrpar \pard\plain \ltrpar
\s55\qj \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs20\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 \ltrch\fcs0 \cs57\super\insrsid9125897 \chftn 
}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9125897  Section\~50A Judicature Amendment Act\~2008.}}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid4462522\charrsid10967062 Ms\~Inder submitted that contractual decisions are only subject to judicial review if they verge towards the public component end of the spectrum }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 as in }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid4462522\charrsid10967062 Diagnostic Medlab Limited v. Auckland District Health Board}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \cs57\lang2057\langfe5129\langnp2057\insrsid4462522\charrsid10967062 \chftn {\footnote \ltrpar \pard\plain \ltrpar\s55\qj \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 
\ltrch\fcs0 \fs20\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 \ltrch\fcs0 \cs57\super\insrsid9125897 \chftn }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9125897  [2007] 2 NZLR 832.}}}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid4462522\charrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 in deciding which Courts look at the nature of the decision.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 She submitted CIIC\rquote 
s decision in this case was no more than a party to a contract exercising its rights under that contract unaffected by the fact that CIIC was a statutory corporation under its own Act, s\~5 of which gives it power to administer and manage the Crown
\rquote s real property including leases on behalf of the Crown.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 
She submitted that, in those circumstances, a contractual party\rquote s decision to exercise its rights was devoid of }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 any }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 public component, particularly where no assertion of fraud, corruption or bad faith was }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 pleaded
}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \cs57\lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 \chftn {\footnote \ltrpar \pard\plain \ltrpar
\s55\qj \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs20\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 \ltrch\fcs0 \cs57\super\insrsid9125897 \chftn 
}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9125897  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\insrsid9125897 Mercury Energy Ltd v. ECNZ }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9125897\charrsid11495616 [1994] 2 NZLR}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9125897 
 385 (PC).}}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4462522 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid11495616\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [10]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 Ms\~
Inder further submitted that the assignment decisions were a natural consequence of CIIC exercising its right of first refusal, }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 and }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 further, that Mr\~Olah lacked standing to challenge the decision by CIIC to assign the lease to }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 Mr and Mrs\~Ariihee }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 as he had no power affected by that decisi}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 on: the only legal rights he had}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062  were those arising from his contract with the ANZ and
 that was conditional on CIIC waiving its right of first refusal.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid11495616\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [11]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 Mr\~Lynch submitted CIIC\rquote 
s actions must either have been undertaken by the exercise of its powers under the CIIC Act or, if it went beyond those powers, }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 its}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062  actions were unlawful.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 Its decision to exercise its right of first refusal was, he submitted, the exercise of a statutory power of decision by its Board.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 He submitted the latter was demonstrated \endash 
 at least to a point sufficient to defeat an application to strike out Mr\~Olah\rquote s claim \endash  by the position concerning CIIC\rquote s statements of corporate intent for the 2010-13 period.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11495616 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid11495616\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [12]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 Mr\~Lynch further submitted CIIC was }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 amenable}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062  to judicial}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062  review as Mr\~Olah alleged its Act prohibited it from }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 
both engaging in trade in the private sector and acti}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 ng to benefit private interests}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 
There was thus a public component to CIIC\rquote s exercise of the option but there was little public benefit.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 She indicated the claim may be amended to plead fraud.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11495616 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid11495616\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [13]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 It should be noted that Ms\~
Inder also filed comprehensive submissions which responded to a set of submissions apparently furnished by Mr\~Lynch, which were not those on which he relied at the hearing.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616 

\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 Discussion and decision
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid11495616\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [14]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 
The principles on which applications to strike out proceedings are to be determined are well settled.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid11495616\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [15]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 
Striking-out applications proceed on the basis that the allegations in the statement of claim are provable.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 Affidavits as to the facts are, in general, inadmissible unless they depose to matters}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 
 which are wholly uncontentious.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 O}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 n the hearing of such applications Courts do not embark on a consideration of the facts of the matter, still less of the merits and, even more so, make no attempt to resolve di
sputed questions as to fact.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 
Against that background, the jurisdiction is to be sparingly exercised so as to preserve citizens\rquote  rights of access to the Courts and proceedings are only to be struck out in clear cases.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 That notwithstanding, the complexity of
 the issues and the fact they may require extensive argument is no bar to proceedings being struck out provided that they clearly demonstrate that no reasonable cause of action is pleaded.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 Again to preserve citizens\rquote  rights of access to the Courts, if a pl
eading is defective but capable of being amended so as to disclose a triable case, the opportunity for amendment will be given: \'93}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 t}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 he difference ... is between a pleading which is a total }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 write}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 -off and one which is deficient but is capable of effective repair\'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16195566\charrsid10967062 .}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \cs57\lang2057\langfe5129\langnp2057\insrsid11495616\charrsid10967062 \chftn {\footnote \ltrpar \pard\plain \ltrpar\s55\qj \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 
\af0\afs20\alang1025 \ltrch\fcs0 \fs20\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 \ltrch\fcs0 \cs57\super\insrsid9125897 \chftn }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9125897  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\insrsid9125897 
Marshall Futures Limited v. {\*\xmlopen\xmlns2{\factoidname City}}{\*\xmlopen\xmlns2{\factoidname place}}Marshall}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9125897 {\*\xmlclose}{\*\xmlclose} [1992] 1 NZLR 316 at 324.  See also }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\i\insrsid9125897 Attorney-General v. Prince & Gardner}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid9125897  [1998] 1 NZLR 262 at 267.}}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16195566\charrsid10967062 Put concisely, defendants will only }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 have}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16195566\charrsid10967062  proceedings struck out if they can show that, as a matter of law or fact or both \endash  and}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 
 even if the claims are amended -}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16195566\charrsid10967062  the plaintiff }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 must }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16195566\charrsid10967062 lose the case against them.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11495616 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid16195566\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [16]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16195566\charrsid10967062 What has Mr\~Olah pleaded?}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16195566\charrsid10967062 In essence, he claims he would have become the purchaser}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062  from ANZ}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16195566\charrsid10967062  of the lease had it not been for CIIC exercising its 
first option to acquire the lease under the Deed of Lease, acquiring it and selling it to }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 Mr and Mrs Ariihee }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16195566\charrsid10967062 for the same price, $175,000.00, as Mr\~Olah tendered }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5993790\charrsid10967062 to }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16195566\charrsid10967062 the ANZ.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16195566\charrsid10967062 
He alleges that CIIC\rquote s Board resolved on 25\~August\~2010 to exercise the option and acquire the lease and sell it and \'93allocated public funds to be made available to effect the acquisition\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16195566\charrsid10967062 That, Mr\~Olah alleges, was in breach of the CIIC Act in a number of ways.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16195566\charrsid10967062 Though lengthy, it is necessary to quote them:}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16195566 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 20.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 Pursuant to the Act, }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 
 was established as a statutory corporation and is responsible to administer and manage real property of the Crown, such as leases over property, on behalf of the Crown for the public benefit.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 21.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 Under Section\~5 of the Act, the functions of }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062  are:}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin1440\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 (a)}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 to administer and manage real property and shareholding interests;}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin1440\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 (b)}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 to control and manage the undertakings of statutory corporations;}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin1440\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 (c)}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 to negotiate the disposal of real property or undertaking of a statutory corporation;}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin1440\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 (d)}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 to facilitate the disposal of personal property;}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin1440\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 (e)}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 to give directions on the management of personal property.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 22.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 Under Section\~6 of }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 the Act, the principal objectives}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062  of the Corporation are (inter alia):}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin1440\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 (a)}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 the efficient, profitable and professional management of assets and statutory corporations; and}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin1440\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 (b)}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 to recognise Government\rquote s social responsibility in the performance of its functions.}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 23.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 Section\~13 requires }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062  to \'93deliver to the Minister for Cabinet approval statement of corporate intent (the \'93
SCI\'94) not later than 1 month before the commencement of each financial year of the Corporation\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 The SCI contains Government\rquote s policy as it affects }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 \rquote s asset management and activities for next three financial years.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 The SCI for the earlier period ending June/July\~2010 had expired.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 No approved SCI is in existence for the three year period from June/July\~2010.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 24.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 Part VII of the Act entitled Disposal of Assets, at Section\~
25(1) (as amended in 1999) requires that disposal of real property by }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062  shall be consistent with the SCI which has been approved by Cabinet.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 25.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 Section 25(2) permits that }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\i\lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 \'93Where the Corporation intends to dispose of any real proper
ty or the principal undertaking of a statutory corporation and that disposition would be inconsistent with the statement of corporate intent, the Corporation shall not negotiate the terms of such disposal unless Cabinet first agrees upon a modified statem
ent of corporate intent\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 26.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 
The First Respondent at the time of making the decisions which are complained of in this Judicial Review failed to sign off on the draft SCI for the 2010-13 period and failed to submit the SCI to the Minister for Cabinet approval as required under Section
\~13 of the Act.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 27.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 
The First Respondent failed to obtain the prior approval of Cabinet for the SCI as required under the Act.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 28.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 The First Respondent having failed to obtain
 the approval of Cabinet for the SCI then acted and made decisions without the legal basis provided in the Act under a valid approved SCI.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 29.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 The SCI has no legal effect as it remains in draft form as at the time of the Board\rquote 
s decision-making, the SCI has not been submitted to the Minister for Cabinet approval as required under the Act.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 The SCI therefore cannot provide a legal and legitimate basis upon which }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062  can rely upon in dealing with real property and disposals of assets.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 30.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 Section 26 on Principles of Disposal, requires that the }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\i\lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 \'93Corporation will ensure that every disposition is consistent with the statement of corporate intent and is a transparent competitive process ensuring a maximum return\'94.}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 31.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 Section 26(2) states that }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\i\lang2057\langfe5129\langnp2057\insrsid16605685\charrsid10967062 \'93The Corporation may depart from the principles }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 
of subsection (1) where ... (2) the reason for the departure is disclosed in the statement of corporate intent of the Corporation\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid16605685 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 
STATEMENT OF CORPORATE INTENT (SCI)}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 32.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 The draft SCI contains a requirement in clause b. 3.6.1 relating to Crown Land at page\~22 that }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 \'93The role of the Corporation with regards to Crown land is to manage the land and associated buildings in accordance with best commercial practice.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 The Corporation will review and seek to clarify Crown\rquote 
s interest in land where necessary to advance other objectives as set out in the statement of corporate intent.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\i\lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 In dealing with the Crown\rquote s interest consideration will be given to the interests of original landowners and/or their successors\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\i\lang2057\langfe5129\langnp2057\insrsid2832517 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 33.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 
The First Respondent has failed to obtain the prior approval of Cabinet for the SCI as required under the Act to permit }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062  to consider the interests of landowners and/or successors when dealing with the Crown\rquote s interests in this disposal of this Lease.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2832517 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 34.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 The draft SCI therefore cannot provide a legal and legitimate basis upon which }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062  can rely upon in dealing with assets and disposal of assets.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 The disposal must therefore be governed by the principles and functions co
ntained in the Act and not as contained in the draft SCI which was not approved by Cabinet.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 35.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 In particular under Section\~
6 of the Act, according to the principal objectives of the Corporation are (inter alia) that the disposal be undertaken primarily as part of }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 \'93
the efficient, profitable and professional management of assets and statutory corporations;\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid2832517 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 36.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 And under Section 26 of the Act that the disposal be part of }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\i\lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 \'93a transparent, competitive process ensuring a maximum return\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid2832517 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 37.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 The First Respondent has failed to manage the acquisition and disposal of the Deed of lease according to \'93
best commercial practice\'94 in acting in a manner to unfairly favour the Fourth Respondents over any other member of the public.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 38.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 As stated in paragraph\~3 above, th
e rights of the landowners were thereby fully extinguished by the effect of the Order in Council.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 Consequently there are no \'93original landowners\'94 and consequently no \'93successors\'94 for }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 
CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062  to give consideration to or favour, as any such antecedent rights of ownership ended with the effective passing of the Order in Council dated 28th\~January
\~1952.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 39.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 
In 1952, financial compensation was paid by the Crown and accepted by the previous landowners for the cancelling of their rights of ownership.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 40.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 
Consequently, the Fourth Respondents and other persons with extinguished antecedent rights such as successors, stand equally with any other member of the public in the Cook Islands in respect of this disposal.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2832517 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 41.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 All members of the public would be entitled to tender to acquire the asset from }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062  if }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062  had adopted a }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\i\lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 \'93transparent competitive process ensuring a maximum return\'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062  according to }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 \'93best commercial practice\'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2832517 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 42.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 The First Respondent has, in acting in a manner intended to unduly favour the Fourth
 Respondents, over any other member of the public, breached its principal objectives under Section\~6 of the Act requiring the }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 \'93
efficient, profitable and professional management of assets and statutory corporations\'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2832517 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 43.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 The First Respondent has in this acquisition and disposal breached one of its primary functions under Section\~
5 of the Act.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 44.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 The Act does not provide }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062  with statutory powers to benefit private interests over the public interest.}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062 The SCI (and exceptions thereto) is subservient to and 
cannot be used to over-ride the express provisions of the Act relating to the key function of }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid155643\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2832517\charrsid10967062  \'93to administer and manage real property\'94 for the public benefit in Section\~5 of the Act.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2832517 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid4148379\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [17]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 CIIC pleads:}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16195566 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid4148379\charrsid10967062 \hich\af0\dbch\af0\loch\f0 a)\tab}}\pard \ltrpar
\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\ilvl1\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 
Its statement of corporate intent for the period 1\~July\~2010 \endash  30\~June\~2013 was signed off by its Board on 22\~September\~2010, submitted to its Minister for Cabinet approval on 12\~October\~2010, and approved by Cabinet on 25\~October\~
2010 for reasons which it sets out.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid4148379\charrsid10967062 \hich\af0\dbch\af0\loch\f0 b)\tab}}\pard \ltrpar
\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\ilvl1\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 It says the provision it relie
d on to acquire the lease and on-sell it has been in its statements of corporate intent since 1998 and was lawful under ss\~25 and 26 of its Act.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid4148379\charrsid10967062 \hich\af0\dbch\af0\loch\f0 c)\tab}}\pard \ltrpar
\s49\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\ilvl1\adjustright\rin0\lin720\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 It generally denies Mr\~Olah\rquote 
s claim and in particular pleads:}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }\pard \ltrpar\s49\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin1440\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 \'93
The decision to exercise the right of first refusal is not governed by the statement of corporate intent and does not require Cabinet approval.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 It was expressly allowed for in the original Deed of Lease and a condition of the agreement for sale and purchase to the applicant.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 
The first respondent by exercising its right of first refusal acted consistently with the functions of objectors of the Corporation under ss 5 and 6 of the Act\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid2713843\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [18]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 Assessing t}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 hose pleadings aga}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 inst the well-}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 settled principles applying to applications to strike out proceedings, the first question which arises is to query why Mr\~
Olah framed his sole cause of action as an application for judicial review of CIIC\rquote s actions when, in essence, the nub of his claim is that CIIC acted unlawfully in exercising its right of first refusal}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062  takin}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062 g the assignment and on-selling not because those actions were not open to it under the Deed of Lease but because they }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 were not in conformity with its statute and were not sanctioned by an operative SCI.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid4148379\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [19]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 
Even if the matters he raises might arguably have something of the flavour of judicial review about them}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16413879\charrsid10967062 possibly}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062  sufficient to avoid the proceedings being struck out}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 , it is difficult to understand why he did not plead a}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062  sole \endash  or, if he thought it ap
propriate}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062  a}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 n alternative }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062 - }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 cause of act}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 
ion simply alleging that CIIC could not act in the way it did for the reasons he sets out and }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062 its }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 actions were therefore unlawful.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 Were he to be successful in proving that, Mr\~Olah }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 might }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 achieve the result he seeks }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 \endash  or at least avoid his claim being struck out - }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 without the overlay of additionally having to prove the various }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 
additional }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 steps required by basing his claim in judicial review.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid4148379\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [20]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 Put another way, Mr\~
Olah has to accept that CIIC\rquote s actions can be seen as no more than actions by a party to a contract sanctioned by that contract}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 .}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid5593309\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [21]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 To that point Ms Inder\rquote 
s submissions that CIIC was only exercising its commercial rights}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9125897\charrsid10967062  have significant weight}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 However,}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062  the nub of his claim is that those actions, }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 though }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 commercial and contractual in themselves, were nonetheless unlawful because they were taken in non-compliance with statute or not sanctioned by an operative SCI.}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid9589867\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [22]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062 W}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 hile}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062  as with so many other matters in relation}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 to this case, a final decision must remain for the future, }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 it should be noted that, }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 even if Mr\~Olah were to be successful in arguing that CIIC\rquote s Board resolution of 25\~August\~
2010 was unlawful, he would appear still to face what may well be a formidable hurdle in showing that CIIC\rquote s right of first refusal embodied in a lease dated 12\~August\~
2004 was anything other than a commonplace commercial condition customarily appearing in documents of that nature.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 If that proved to be the position, CIIC\rquote s right of first refusal would remain in force and}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062 , following delivery of this judgment,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062  its Board}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062  could, it would appear,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 
 again resolve to exercise it, this time making doubly sure its actions were legally }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7293447\charrsid10967062 unchallengeable}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid2713843\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [23]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 For all those reasons, }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062 even if }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 Mr\~
Olah may ultimately be able to prove the steps required of him as applicant in this }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062 application for judicial review}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 , }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062 he may }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 still not finish up as the lessee of the property at Kiri Section 88E, Arorangi.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid4148379\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [24]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 The appropriate conclusion is accordingly tha
t Mr\~Olah\rquote s current claim may well be misdirected or misconceived for the reasons just discussed}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 B}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 ut}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062  CIIC\rquote s striking-out application}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 , though possibly soundly based}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062  if CIIC\rquote s actions were seen solel}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 y as commercial and contractual}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 and }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 divorced from the CII
C Act and its SCIs (or lack of them) must, when what would appear to be the true nature of Mr\~Olah\rquote s claim is seen more clearly, also }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 seem }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 to be misconceived or misdirected.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid5593309 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid4148379\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [25]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062 If CIIC\rquote 
s Act and its SCIs are taken out of the equation, there is}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062  force in Ms\~Inder\rquote s submission that}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid4148379\charrsid10967062  in exercising its }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 rights in the manner discussed in this Judgment, }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062 CIIC}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 was merely making commercial decisions in accorda}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 nce with its contractual rights.}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 B}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 ut, in light of the essence of}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062  Mr\~Olah\rquote s pleading \endash  if not it}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 s phraseology \endash  CIIC\rquote s Act and its SCIs cannot }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062 presently }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 be divorced from the exercise.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4148379 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid15470514\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [26]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 The appropriate conclusion}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062 , therefore,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062  as far as concerns the matters before the Court}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062  are to adjourn the application}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062  part-heard to give Mr\~Olah the opportunity to r
e-plead his claim and CIIC the opportunity reconsider its striking-out application in the light of any amendment.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\*\bkmkstart _Ref293910187}{\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid15470514\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [27]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 
All questions of costs should similarly be adjourned for determination when the interlocutory applications come to an end, but it must be said that the choice of Mr\~Olah\rquote 
s sole cause of action and the manner of its pleading could be regarded as tantamount to an invitation to CIIC to apply to strike it out.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514 {\*\bkmkend _Ref293910187}
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 Injunction and interest}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 
\par {\*\bkmkstart _Ref293910250}{\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid15470514\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [28]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 On 4\~October\~2010, Savage\~
J issued an interim injunction}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062  in this case}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 
 against the then four respondents, namely CIIC, ANZ Banking Group Limited, the Leases Approval Tribunal and Mr and Mrs Ariihee effectively freezing the status quo and preventing any respondent from taking any action to implement CIIC\rquote 
s decision to exercise its right of first refusal and on-sell.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514 {\*\bkmkend _Ref293910250}
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid15470514\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [29]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 On 14\~January\~2011
, a consent order was made striking the ANZ, }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062 t}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 
he Tribunal and Mr and Mrs Ariihee out of the proceedings but extending the injunction until further order of the Court.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 Each party was to pay their own costs subject to ANZ reserving its right to \'93claim intere
st from any of the remaining parties to these proceedings that has accrued to the debt owed by Cliff Gadsby Construction (Cook Islands) Limited}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 \'94}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062  to the Bank.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid15470514\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [30]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 By memorandum dated 7\~April\~2011 Mr\~
Little, counsel for ANZ, advised that Cliff Gadsby Construction (Cook Islands) Limited}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 \rquote s}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062  borrowing}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062  was}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062  apparently secured by a mortgage granted by Geoffrey Heather to the ANZ.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 The i}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 nterest rate under the mortgage was 12.6\~
percent which, together with costs claimed by the Bank, amounted to $32,388.13 }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 interest owing }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 at the date of Mr\~Little\rquote s memorandum.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 The ANZ accordingly sought an order that interest be paid by the unsuccessful party in these proceedings to the ANZ at 12.6\~percent per annum on the price of $175,000.00 from 4\~October\~
2010 until discharge of the injunction, a sum which, as at 8\~April\~2011, amounted to $11,236.45.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid15470514\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [31]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 
Though questions whether interest is payable to ANZ, on what sum, for what period and by whom, must remain until the ultimate disposition of these proceedings, it would appear that }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 whether the Court}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9589867\charrsid10967062  could or}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16413879\charrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 should make }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 the order sought by Mr\~Little in his memorandum is debatable.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2713843 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid15470514\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [32]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 
ANZ put the lease out to tender as mortgagee in possession and entered into a contract to sell }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 it }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 to Mr\~Olah for $175,000.00.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 Had that contract settled}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062  \endash  or if it settles}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062  in the future - Mr\~
Olah would appear to be entitled to become the lessee under the lease on payment of $175,000.00 (plus, perhaps, any interest payable pursuant to his contract with the ANZ) and, as with any mortgagee whose loan is i
n default, the Bank would suffer a loss being the difference between $175,000.00}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062  (plus any contractual interest) }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16413879\charrsid10967062 payable to it under its contract with Mr Olah }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 
and the amount, including interest, due to it on the date of settlement by Cliff Gadsby Construction (Cook Islands) Limited and Mr\~Heather}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16413879\charrsid10967062 
 under its separate, independent, mortgage contract}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514\charrsid10967062 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid3819914\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [33]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3819914\charrsid10967062 
If, on the other hand, the outcome of these proceedings is to uphold CIIC\rquote s exercise of its rights under the lease and the process by which it sold those rights to Mr and Mrs Ariihee with the Lease Approval Tribunal\rquote 
s sanction, then the Court\rquote s tentative view is that CIIC could only be liable to the ANZ for the principal and interest owing }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7347893\charrsid10967062 to the }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 Bank}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7347893\charrsid10967062  by Cliff Gadsby Construction (Cook Islands) Limited and Mr\~
Heather if the terms of the lease and the manner of CIIC\rquote s exercise of its rights thereunder it }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2713843\charrsid10967062 made }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7347893\charrsid10967062 it }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16413879\charrsid10967062 contractually }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7347893\charrsid10967062 liable to the ANZ.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7347893\charrsid10967062 Should there be no obligation on CIIC under the lease and the exercise of its right of first refusal to pay anything on account of principal or interest to the ANZ}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16413879\charrsid10967062  as an incident of that contract}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7347893\charrsid10967062 
 then, again, it would appear ANZ would suffer a loss equivalent to }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16413879\charrsid10967062 difference in the amount payable under that contract and }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7347893\charrsid10967062 the amount of principal and interest owing to it by Cliff Gadsby Construction (Cook Islands) Limited and Mr\~Heather at the date of settlement of CIIC\rquote 
s taking over the lease pursuant to its right of first refusal.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15470514 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid7347893\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [34]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7347893\charrsid10967062 The Court\rquote s tentative conclusio
n is similarly that there is likely to be no legal }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16413879\charrsid10967062 or contractual }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7347893\charrsid10967062 basis under which Mr and Mrs Ariihee }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16413879\charrsid10967062 under their contract }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7347893\charrsid10967062 can be made liable to the ANZ for any of the principal and interest owing to the Bank by Cliff Gadsby Construction (Cook }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid16413879\charrsid10967062 Islands) Limited and Mr\~Heather under the mortgage.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7347893 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\*\bkmkstart _Ref293910255}{\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid7347893\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [35]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7347893\charrsid10967062 
However, as mentioned, those are all issues which will need to be determined as part of the resolution of this proceeding should the ANZ continue to seek orders such as those appearing in Mr\~Little\rquote s 7\~April\~2011 memorandum.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7347893 {\*\bkmkend _Ref293910255}
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid7347893\charrsid10967062 Result
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid7347893\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [36]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7347893\charrsid10967062 CIIC\rquote s application}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11627278\charrsid10967062  to strike out the proceedings brought against it by Mr\~
Olah is adjourned part heard to give him the opportunity, within 28 days from delivery of this Judgment, and if he thinks it appropriate, to amend his claim.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11627278 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid11627278\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [37]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11627278\charrsid10967062 
Within 14 days of the filing and service of any amended statement of claim or on the expiration of the said 28 day period, CIIC is to advise the Court and Mr\~
Olah what action it intends to take in relation to its striking-out application, and the matter can then be determined.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11627278\charrsid10967062 It is not necessary that Hugh Williams\~ J completes the hearing of this matter.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11627278 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid11627278\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [38]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11627278\charrsid10967062 
All issues of costs to date are reserved (hearing time on 8\~April\~2011 1 hour, 20\~minutes), but the issues relevant to costs }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid419938\charrsid10967062 between the remaining parties }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11627278\charrsid10967062 mentioned in }{\field\flddirty{\*\fldinst {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid419938\charrsid10967062  REF _Ref293910187 \\r \\
h }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid667703\charrsid10967062 {\*\datafield 08d0c9ea79f9bace118c8200aa004ba90b02000000080000000e0000005f0052006500660032003900330039003100300031003800370000006866}}}{\fldrslt {\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9125897\charrsid10967062 [27]}}}\sectd \ltrsect\linex0\headery708\footery708\colsx708\endnhere\titlepg\sectlinegrid360\sectdefaultcl\sectrsid5387789\sftnbj {\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11627278\charrsid10967062  above will need to be taken into account.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11627278 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid11627278\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [39]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11627278\charrsid10967062 In formal terms, ANZ\rquote 
s application for the payment to it by the unsuccessful party to these proceedings of the interest accruing on its loan to Cliff Gadsby Construction (Cook Islands) Limited and Mr\~
Heather is adjourned for determination on the resolution of these proceedings, but the Court\rquote s tentative views on that issue listed in}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid419938\charrsid10967062  }
{\field\flddirty{\*\fldinst {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid419938\charrsid10967062  REF _Ref293910250 \\r \\h }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid667703\charrsid10967062 
{\*\datafield 08d0c9ea79f9bace118c8200aa004ba90b02000000080000000e0000005f0052006500660032003900330039003100300032003500300000003374}}}{\fldrslt {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9125897\charrsid10967062 [28]}}}
\sectd \ltrsect\linex0\headery708\footery708\colsx708\endnhere\titlepg\sectlinegrid360\sectdefaultcl\sectrsid5387789\sftnbj {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid419938\charrsid10967062  to }{\field\flddirty{\*\fldinst {
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid419938\charrsid10967062  REF _Ref293910255 \\r \\h }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid667703\charrsid10967062 {\*\datafield 
08d0c9ea79f9bace118c8200aa004ba90b02000000080000000e0000005f0052006500660032003900330039003100300032003500350000002032}}}{\fldrslt {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9125897\charrsid10967062 [35]}}}\sectd \ltrsect
\linex0\headery708\footery708\colsx708\endnhere\titlepg\sectlinegrid360\sectdefaultcl\sectrsid5387789\sftnbj {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11627278\charrsid10967062 
 above may need to be taken into account in that regard.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11627278 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10967062\charrsid10967062 
\par {\listtext\pard\plain\ltrpar \s49 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid5593309\charrsid10967062 \hich\af0\dbch\af0\loch\f0 [40]\tab}}\pard \ltrpar
\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls1\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid5593309\charrsid10967062 
The injunction ordered on 4 October 2010 is to remain in place pending further order of the Court.
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11627278\charrsid10967062 
\par }\pard \ltrpar\s49\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid10967062 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid11627278\charrsid10967062 Hugh Williams\~J}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid11627278 
\par }\pard \ltrpar\s49\qj \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13910742 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid13910742 
\par }\pard\plain \ltrpar\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid13910742 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \f336\fs24\lang2057\langfe5129\cgrid\langnp2057\langfenp5129 {\rtlch\fcs1 \af0\afs24 
\ltrch\fcs0 \b\i\f31506\insrsid13910742\charrsid15807667 Editorial Note: }{\rtlch\fcs1 \af0\afs24 \ltrch\fcs0 \f31506\insrsid13910742\charrsid15807667 Derived from the Court\rquote s electronic records and believed to be correct and final.}{\rtlch\fcs1 
\af0\afs24 \ltrch\fcs0 \b\f0\insrsid13910742\charrsid13910742 
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