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{\fdbmajor\f31501\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}{\fhimajor\f31502\fbidi \froman\fcharset0\fprq2{\*\panose 02040503050406030204}Cambria;}
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{\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 Calibri};}
{\fbiminor\f31507\fbidi \froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}{\f51\fbidi \froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}
{\f52\fbidi \froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}{\f54\fbidi \froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}{\f55\fbidi \froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}
{\f56\fbidi \froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}{\f57\fbidi \froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}
{\f58\fbidi \froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}{\f59\fbidi \froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}
{\f71\fbidi \fmodern\fcharset238\fprq1 Courier New CE{\*\falt Courier New};}{\f72\fbidi \fmodern\fcharset204\fprq1 Courier New Cyr{\*\falt Courier New};}{\f74\fbidi \fmodern\fcharset161\fprq1 Courier New Greek{\*\falt Courier New};}
{\f75\fbidi \fmodern\fcharset162\fprq1 Courier New Tur{\*\falt Courier New};}{\f76\fbidi \fmodern\fcharset177\fprq1 Courier New (Hebrew){\*\falt Courier New};}{\f77\fbidi \fmodern\fcharset178\fprq1 Courier New (Arabic){\*\falt Courier New};}
{\f78\fbidi \fmodern\fcharset186\fprq1 Courier New Baltic{\*\falt Courier New};}{\f79\fbidi \fmodern\fcharset163\fprq1 Courier New (Vietnamese){\*\falt Courier New};}{\f391\fbidi \froman\fcharset238\fprq2 Cambria Math CE;}
{\f392\fbidi \froman\fcharset204\fprq2 Cambria Math Cyr;}{\f394\fbidi \froman\fcharset161\fprq2 Cambria Math Greek;}{\f395\fbidi \froman\fcharset162\fprq2 Cambria Math Tur;}{\f398\fbidi \froman\fcharset186\fprq2 Cambria Math Baltic;}
{\f399\fbidi \froman\fcharset163\fprq2 Cambria Math (Vietnamese);}{\f411\fbidi \froman\fcharset238\fprq2 Cambria CE;}{\f412\fbidi \froman\fcharset204\fprq2 Cambria Cyr;}{\f414\fbidi \froman\fcharset161\fprq2 Cambria Greek;}
{\f415\fbidi \froman\fcharset162\fprq2 Cambria Tur;}{\f418\fbidi \froman\fcharset186\fprq2 Cambria Baltic;}{\f419\fbidi \froman\fcharset163\fprq2 Cambria (Vietnamese);}{\f421\fbidi \fswiss\fcharset238\fprq2 Calibri CE{\*\falt Calibri};}
{\f422\fbidi \fswiss\fcharset204\fprq2 Calibri Cyr{\*\falt Calibri};}{\f424\fbidi \fswiss\fcharset161\fprq2 Calibri Greek{\*\falt Calibri};}{\f425\fbidi \fswiss\fcharset162\fprq2 Calibri Tur{\*\falt Calibri};}
{\f428\fbidi \fswiss\fcharset186\fprq2 Calibri Baltic{\*\falt Calibri};}{\f429\fbidi \fswiss\fcharset163\fprq2 Calibri (Vietnamese){\*\falt Calibri};}{\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;}{\fhimajor\f31529\fbidi \froman\fcharset204\fprq2 Cambria Cyr;}
{\fhimajor\f31531\fbidi \froman\fcharset161\fprq2 Cambria Greek;}{\fhimajor\f31532\fbidi \froman\fcharset162\fprq2 Cambria Tur;}{\fhimajor\f31535\fbidi \froman\fcharset186\fprq2 Cambria Baltic;}
{\fhimajor\f31536\fbidi \froman\fcharset163\fprq2 Cambria (Vietnamese);}{\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 Calibri};}
{\fhiminor\f31569\fbidi \fswiss\fcharset204\fprq2 Calibri Cyr{\*\falt Calibri};}{\fhiminor\f31571\fbidi \fswiss\fcharset161\fprq2 Calibri Greek{\*\falt Calibri};}{\fhiminor\f31572\fbidi \fswiss\fcharset162\fprq2 Calibri Tur{\*\falt Calibri};}
{\fhiminor\f31575\fbidi \fswiss\fcharset186\fprq2 Calibri Baltic{\*\falt Calibri};}{\fhiminor\f31576\fbidi \fswiss\fcharset163\fprq2 Calibri (Vietnamese){\*\falt Calibri};}
{\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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\tx5103\tqr\tx8222\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\caps\fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 \sbasedon41 \snext18 \spriority0 \styrsid15870731 Justice;}{
\s43\qj \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 \sbasedon0 \snext43 \spriority0 \styrsid15870731 
Name Suppression;}{\*\cs44 \additive \rtlch\fcs1 \af0 \ltrch\fcs0 \sbasedon10 \ssemihidden \styrsid15870731 page number;}{\s45\qj \li0\ri0\keepn\widctlpar\tqr\tx8222\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 
\af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 \sbasedon41 \snext45 \spriority0 \styrsid15870731 Role;}{\s46\qj \li0\ri0\sb480\sa240\keepn\widctlpar
\tx709\tx1418\tx2126\tx2835\tx3544\tx4253\tx4961\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 
\sbasedon0 \snext18 \spriority0 \styrsid15870731 Subheading;}{\s47\ql \fi-1418\li1418\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin1418\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 
\fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 \sbasedon0 \snext47 \spriority0 \styrsid15870731 Appearances1;}{\s48\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 
\fs18\lang1024\langfe1024\cgrid\noproof\langnp5129\langfenp5129 \snext48 \spriority0 \styrsid15870731 FooterMNC;}{\s49\ql \fi-2552\li3970\ri0\widctlpar\tx3969\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin3970\itap0 \rtlch\fcs1 
\af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 \sbasedon0 \snext49 \spriority0 \styrsid15870731 Matter1;}{\s50\qj \li709\ri686\sb240\widctlpar
\tx709\tx1418\tx2126\tx2835\tx3544\tx4253\tx4961\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin686\lin709\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs22\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 
\sbasedon0 \snext50 \spriority0 \styrsid15870731 Quotations;}{\s51\ql \fi-2552\li3970\ri0\sl360\slmult1\widctlpar\tx3969\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin3970\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 
\fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 \sbasedon49 \snext51 \spriority0 \styrsid15870731 Matter2;}{\s52\qc \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 
\b\caps\fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 \snext52 \spriority0 \styrsid15870731 Party Name Criminal;}{\s53\qc \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 
\ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 \snext53 \spriority0 \styrsid15870731 Versus;}{\s54\qc \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 
\fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 \snext54 \spriority0 \styrsid15870731 Party Type Criminal;}{\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 \sbasedon0 \snext55 \slink56 \styrsid1517161 endnote text;}{\*\cs56 \additive \rtlch\fcs1 \af0 \ltrch\fcs0 \sbasedon10 \slink55 \slocked \styrsid1517161 Endnote Text Char;}{\*\cs57 \additive 
\rtlch\fcs1 \af0 \ltrch\fcs0 \super \sbasedon10 \styrsid1517161 endnote reference;}{\s58\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 \sbasedon0 \snext58 \slink59 \styrsid6375085 footnote text;}{\*\cs59 \additive \rtlch\fcs1 \af0 \ltrch\fcs0 \sbasedon10 \slink58 \slocked \styrsid6375085 Footnote Text Char;}{\*\cs60 \additive 
\rtlch\fcs1 \af0 \ltrch\fcs0 \super \sbasedon10 \styrsid6375085 footnote reference;}{\s61\ql \li0\ri0\sa200\sl276\slmult1\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs22\alang1025 \ltrch\fcs0 
\f37\fs22\lang5129\langfe1033\cgrid\langnp5129\langfenp1033 \snext61 \spriority0 \styrsid3229974 mva;}{\*\ts62\tsrowd\trbrdrt\brdrs\brdrw10\brdrcf1 \trbrdrl\brdrs\brdrw10\brdrcf1 \trbrdrb\brdrs\brdrw10\brdrcf1 \trbrdrr\brdrs\brdrw10\brdrcf1 \trbrdrh
\brdrs\brdrw10\brdrcf1 \trbrdrv\brdrs\brdrw10\brdrcf1 \trftsWidthB3\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tblind0\tblindtype3\tscellwidthfts0\tsvertalt\tsbrdrt\tsbrdrl\tsbrdrb\tsbrdrr\tsbrdrdgl\tsbrdrdgr\tsbrdrh\tsbrdrv 
\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon11 \snext62 \slocked \spriority59 \styrsid4157761 
Table Grid;}}{\*\listtable{\list\listtemplateid-726744732\listsimple{\listlevel\levelnfc23\levelnfcn23\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'01\u-3913 ?;}{\levelnumbers;}\f3\fbias0\hres0\chhres0 \fi-360\li1492
\jclisttab\tx1492\lin1492 }{\listname ;}\listid-128}{\list\listtemplateid-2023222846\listsimple{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'03[\'00];}{\levelnumbers\'02;}\rtlch\fcs1 
\af0 \ltrch\fcs0 \b0\i0\f0\fs24\fbias0\hres0\chhres0 \fi-709\li709\jclisttab\tx709\lin709 }{\listname ;}\listid18825586}{\list\listtemplateid-1952675434\listhybrid{\listlevel\levelnfc3\levelnfcn3\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace360
\levelindent0{\leveltext\leveltemplateid336134165\'02\'00.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-360\li720\lin720 }{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\lvltentative\levelspace360
\levelindent0{\leveltext\leveltemplateid336134169\'02\'01.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-360\li1440\lin1440 }{\listlevel\levelnfc2\levelnfcn2\leveljc2\leveljcn2\levelfollow0\levelstartat1\lvltentative\levelspace360
\levelindent0{\leveltext\leveltemplateid336134171\'02\'02.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-180\li2160\lin2160 }{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\lvltentative\levelspace360
\levelindent0{\leveltext\leveltemplateid336134159\'02\'03.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-360\li2880\lin2880 }{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\lvltentative\levelspace360
\levelindent0{\leveltext\leveltemplateid336134169\'02\'04.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-360\li3600\lin3600 }{\listlevel\levelnfc2\levelnfcn2\leveljc2\leveljcn2\levelfollow0\levelstartat1\lvltentative\levelspace360
\levelindent0{\leveltext\leveltemplateid336134171\'02\'05.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-180\li4320\lin4320 }{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\lvltentative\levelspace360
\levelindent0{\leveltext\leveltemplateid336134159\'02\'06.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-360\li5040\lin5040 }{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\lvltentative\levelspace360
\levelindent0{\leveltext\leveltemplateid336134169\'02\'07.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-360\li5760\lin5760 }{\listlevel\levelnfc2\levelnfcn2\leveljc2\leveljcn2\levelfollow0\levelstartat1\lvltentative\levelspace360
\levelindent0{\leveltext\leveltemplateid336134171\'02\'08.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-180\li6480\lin6480 }{\listname ;}\listid176894747}{\list\listtemplateid-200144624\listsimple{\listlevel\levelnfc23\levelnfcn23
\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'01\u-3913 ?;}{\levelnumbers;}\f3\fbias0\hres0\chhres0 \fi-709\li709\jclisttab\tx709\lin709 }{\listname ;}\listid485322998}{\list\listtemplateid67698703\listsimple
{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'00.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-360\li360\jclisttab\tx360\lin360 }{\listname 
;}\listid743381751}{\list\listtemplateid-1807297142\listsimple{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'00.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \s21
\fi-360\li360\jclisttab\tx360\lin360 }{\listname ;}\listid830756388}{\list\listtemplateid732587546\listhybrid{\listlevel\levelnfc23\levelnfcn23\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace360\levelindent0{\leveltext\leveltemplateid336134145
\'01\u-3913 ?;}{\levelnumbers;}\f3\fbias0\hres0\chhres0 \fi-360\li720\lin720 }{\listlevel\levelnfc23\levelnfcn23\leveljc0\leveljcn0\levelfollow0\levelstartat1\lvltentative\levelspace360\levelindent0{\leveltext\leveltemplateid336134147\'01o;}{\levelnumbers
;}\f2\fbias0\hres0\chhres0 \fi-360\li1440\lin1440 }{\listlevel\levelnfc23\levelnfcn23\leveljc0\leveljcn0\levelfollow0\levelstartat1\lvltentative\levelspace360\levelindent0{\leveltext\leveltemplateid336134149\'01\u-3929 ?;}{\levelnumbers;}
\f10\fbias0\hres0\chhres0 \fi-360\li2160\lin2160 }{\listlevel\levelnfc23\levelnfcn23\leveljc0\leveljcn0\levelfollow0\levelstartat1\lvltentative\levelspace360\levelindent0{\leveltext\leveltemplateid336134145\'01\u-3913 ?;}{\levelnumbers;}
\f3\fbias0\hres0\chhres0 \fi-360\li2880\lin2880 }{\listlevel\levelnfc23\levelnfcn23\leveljc0\leveljcn0\levelfollow0\levelstartat1\lvltentative\levelspace360\levelindent0{\leveltext\leveltemplateid336134147\'01o;}{\levelnumbers;}\f2\fbias0\hres0\chhres0 
\fi-360\li3600\lin3600 }{\listlevel\levelnfc23\levelnfcn23\leveljc0\leveljcn0\levelfollow0\levelstartat1\lvltentative\levelspace360\levelindent0{\leveltext\leveltemplateid336134149\'01\u-3929 ?;}{\levelnumbers;}\f10\fbias0\hres0\chhres0 
\fi-360\li4320\lin4320 }{\listlevel\levelnfc23\levelnfcn23\leveljc0\leveljcn0\levelfollow0\levelstartat1\lvltentative\levelspace360\levelindent0{\leveltext\leveltemplateid336134145\'01\u-3913 ?;}{\levelnumbers;}\f3\fbias0\hres0\chhres0 
\fi-360\li5040\lin5040 }{\listlevel\levelnfc23\levelnfcn23\leveljc0\leveljcn0\levelfollow0\levelstartat1\lvltentative\levelspace360\levelindent0{\leveltext\leveltemplateid336134147\'01o;}{\levelnumbers;}\f2\fbias0\hres0\chhres0 \fi-360\li5760\lin5760 }
{\listlevel\levelnfc23\levelnfcn23\leveljc0\leveljcn0\levelfollow0\levelstartat1\lvltentative\levelspace360\levelindent0{\leveltext\leveltemplateid336134149\'01\u-3929 ?;}{\levelnumbers;}\f10\fbias0\hres0\chhres0 \fi-360\li6480\lin6480 }{\listname 
;}\listid835417486}{\list\listtemplateid1992606558{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'03[\'00];}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 
\jclisttab\tx360 }{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'01);}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \li709\jclisttab\tx1069\lin709 }{\listlevel
\levelnfc2\levelnfcn2\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'02);}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \li1418\jclisttab\tx2138\lin1418 }{\listlevel\levelnfc0\levelnfcn0\leveljc0
\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'03(\'03);}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \li2126\jclisttab\tx2486\lin2126 }{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0
\levelstartat1\levelspace0\levelindent0{\leveltext\'03(\'04);}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \li2835\jclisttab\tx3195\lin2835 }{\listlevel\levelnfc2\levelnfcn2\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0
\levelindent0{\leveltext\'03(\'05);}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \li3544\jclisttab\tx4264\lin3544 }{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext
\'02\'06.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \li4253\jclisttab\tx4613\lin4253 }{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'07.;}{\levelnumbers\'01;}
\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \li4961\jclisttab\tx5321\lin4961 }{\listlevel\levelnfc2\levelnfcn2\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'08.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 
\hres0\chhres0 \li5670\jclisttab\tx6390\lin5670 }{\listname ;}\listid1241403401}{\list\listtemplateid268833758{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'03[\'00];}{\levelnumbers
\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \s18\jclisttab\tx360 }{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'01);}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 
\hres0\chhres0 \fi-708\li1417\jclisttab\tx1417\lin1417 }{\listlevel\levelnfc2\levelnfcn2\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'02);}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 
\fi-709\li2126\jclisttab\tx2126\lin2126 }{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'03(\'03);}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-363\li1440
\jclisttab\tx1440\lin1440 }{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'03(\'04);}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-357\li1797
\jclisttab\tx1797\lin1797 }{\listlevel\levelnfc2\levelnfcn2\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'03(\'05);}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-363\li2160
\jclisttab\tx2160\lin2160 }{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'06.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-357\li2517
\jclisttab\tx2517\lin2517 }{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'07.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-363\li2880
\jclisttab\tx2880\lin2880 }{\listlevel\levelnfc2\levelnfcn2\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'08.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-357\li3237
\jclisttab\tx3237\lin3237 }{\listname ;}\listid1570731623}{\list\listtemplateid2090362102{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'03[\'00];}{\levelnumbers\'02;}\rtlch\fcs1 \af0 
\ltrch\fcs0 \hres0\chhres0 \fi-360\li360\jclisttab\tx360\lin360 }{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'01);}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 
\fi-360\li720\jclisttab\tx720\lin720 }{\listlevel\levelnfc2\levelnfcn2\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'02);}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-360\li1080
\jclisttab\tx1080\lin1080 }{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'03(\'03);}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-360\li1440
\jclisttab\tx1440\lin1440 }{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'03(\'04);}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-360\li1800
\jclisttab\tx1800\lin1800 }{\listlevel\levelnfc2\levelnfcn2\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'03(\'05);}{\levelnumbers\'02;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-360\li2160
\jclisttab\tx2160\lin2160 }{\listlevel\levelnfc0\levelnfcn0\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'06.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-360\li2520
\jclisttab\tx2520\lin2520 }{\listlevel\levelnfc4\levelnfcn4\leveljc0\leveljcn0\levelfollow0\levelstartat1\levelspace0\levelindent0{\leveltext\'02\'07.;}{\levelnumbers\'01;}\rtlch\fcs1 \af0 \ltrch\fcs0 \hres0\chhres0 \fi-360\li2880
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\par }}{\*\aftnsep \ltrpar \pard\plain \ltrpar\qj \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8799482 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {
\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335 \chftnsep 
\par }}{\*\aftnsepc \ltrpar \pard\plain \ltrpar\qj \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid8799482 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {
\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335 \chftnsepc 
\par }}\ltrpar \sectd \ltrsect\psz9\sbknone\pgnrestart\linex0\headery0\footery851\endnhere\titlepg\sectunlocked1\sectlinegrid360\sectdefaultcl\sectrsid6166084\sftnbj {\headerl \ltrpar \pard\plain \ltrpar
\qj \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335 
\par }}{\headerr \ltrpar \pard\plain \ltrpar\s26\qc \li0\ri0\widctlpar\tqc\tx4320\tqr\tx8640\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {
\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335 
\par 
\par }{\field{\*\fldinst {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335  PAGE   \\* MERGEFORMAT }}{\fldrslt {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang1024\langfe1024\noproof\insrsid94261 2}}}\sectd \ltrsect\linex0\endnhere\sectdefaultcl\sftnbj {\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid7824335 
\par }\pard\plain \ltrpar\qj \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335 

\par }}{\footerl \ltrpar \pard\plain \ltrpar\qj \li0\ri0\widctlpar\pvpara\phmrg\posxc\posy0\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 
{\field{\*\fldinst {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335 PAGE  }}{\fldrslt {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang1024\langfe1024\noproof\insrsid7824335 1}}}\sectd \ltrsect\linex0\endnhere\sectdefaultcl\sftnbj {\rtlch\fcs1 \af0 \ltrch\fcs0 
\insrsid7824335 
\par }\pard \ltrpar\qj \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 {\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335 
\par 
\par }}{\footerr \ltrpar \pard\plain \ltrpar\qj \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 
\ltrch\fcs0 \insrsid7824335 
\par 
\par }}{\*\pnseclvl1\pnucrm\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl2\pnucltr\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl3\pndec\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl4\pnlcltr\pnstart1\pnindent720\pnhang {\pntxta )}}
{\*\pnseclvl5\pndec\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl6\pnlcltr\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl7\pnlcrm\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl8
\pnlcltr\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl9\pnlcrm\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}\pard\plain \ltrpar
\s22\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\caps\fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid13045015\charrsid592639 In the }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2565313 HIGH COUR}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13045015\charrsid592639 
 of THE COOK ISLANDS
\par HELD AT RAROTONGA}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13045015 
\par }\pard \ltrpar\s22\qj \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s22\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13045015\charrsid592639 (}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3229974\charrsid592639 CIVIL}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13045015\charrsid592639  DIVISION)}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3229974\charrsid592639 OA}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13045015\charrsid592639  NO. 4/}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3229974\charrsid592639 2013}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13045015 
\par }\pard \ltrpar\s22\qj \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard\plain \ltrpar\s49\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 
\ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid13045015\charrsid592639 IN THE MATTER}{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3229974\charrsid592639 of the}{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid3229974\charrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3229974\charrsid592639 Declaratory Judgments Act 1994}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13045015 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s49\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2765219\charrsid94261 AND
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s49\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid2765219\charrsid592639 IN THE MATTER}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2765219\charrsid592639 of }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3229974\charrsid592639 
certain Deeds of Lease made between }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid868741\charrsid592639 APEX AGENCIES LIMITED, APEX PROPERTIES LIMITED AND MEATCO LIMITED}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3229974\charrsid592639  as Lessor and }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid868741\charrsid592639 COOK ISLANDS TRADING CORPORATION LIMITED }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3229974\charrsid592639 as Lessee}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8418275 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s49\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8418275\charrsid94261 AND
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s49\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid8418275\charrsid592639 IN THE MATTER}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8418275\charrsid592639 of a}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3229974\charrsid592639 
 certain Deed of Lease between }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid868741\charrsid592639 JLW GROUP LIMITED}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3229974\charrsid592639  as Lessor and }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid868741\charrsid592639 COOK ISLANDS TRADING CORPORATION LIMITED }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3229974\charrsid592639 as Lessee}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8418275\charrsid592639 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2765219\charrsid592639 
\par }\pard \ltrpar\s49\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13045015\charrsid94261 BETWEEN}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid592639\charrsid94261 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid592639 
\par }\pard \ltrpar\s49\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid8418275\charrsid592639 A}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\b\lang2057\langfe5129\langnp2057\insrsid3229974\charrsid592639 pex Agencies Limited, Apex Properties Limited, Meatco Limited and JLW Group Limited}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13045015\charrsid592639 
\par (}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8418275\charrsid592639 Applicant}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3229974\charrsid592639 s}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid13045015\charrsid592639 )}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13045015 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s49\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13045015\charrsid94261 AND}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid592639\charrsid94261 
\par }\pard \ltrpar\s49\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid592639 
\par }\pard \ltrpar\s49\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid3229974\charrsid592639 Cook Islands Trading Corporation Limited
}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13045015\charrsid592639 
\par (}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8418275\charrsid592639 Respondent}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13045015\charrsid592639 )
\par }\pard\plain \ltrpar\s47\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13045015\charrsid592639 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid12528538\charrsid2565313 Date of hearing:}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12528538\charrsid592639 On the papers
\par 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid10905947\charrsid2565313 Counsel:}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid14752193\charrsid592639 Mr }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12528538\charrsid592639 T Manarangi }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid14752193\charrsid592639 for }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9776820\charrsid592639 Ap}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639 
ex Agencies Ltd, Apex Properties Ltd}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639 and Meatco Limited}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14752193\charrsid592639 Mr}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8418275\charrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639 H Matysik }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8418275\charrsid592639 for }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639 JLW Group Limited}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14752193\charrsid592639 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639 Mr T Arnold for Cook Islands Trading Corporation Limited
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9776820\charrsid592639 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid11929169\charrsid2565313 Judgment}{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid10905947\charrsid2565313 :}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639 15}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12528538\charrsid592639  June }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1254139\charrsid592639 201}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14752193\charrsid592639 3}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639  (New Zealand time)
\par }\pard\plain \ltrpar\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid13128224\charrsid592639 Reasons for Judgment}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10905947\charrsid592639 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13128224\charrsid592639 
\par \ltrrow}\trowd \irow0\irowband0\lastrow \ltrrow\ts11\trgaph108\trrh611\trleft-108\trftsWidth1\trftsWidthB3\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tblrsid6166084\tblind0\tblindtype3 \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl 
\clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth8414\clshdrawnil \cellx8306\pard\plain \ltrpar\s23\qc \li0\ri0\nowidctlpar\intbl\brdrt\brdrs\brdrw10\brsp240 \brdrb\brdrs\brdrw10\brsp240 
\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\pararsid592639 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \b\fs24\lang1024\langfe1024\cgrid\noproof\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang1024\langfe1024\langnp2057\insrsid1718863\charrsid592639 REASONS FOR }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang1024\langfe1024\langnp2057\insrsid9842348\charrsid592639 JUDGMENT}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang1024\langfe1024\langnp2057\insrsid1254139\charrsid592639  OF }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang1024\langfe1024\langnp2057\insrsid5785512\charrsid592639 H}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang1024\langfe1024\langnp2057\insrsid9842348\charrsid592639 
UGH WILLIAMS J}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang1024\langfe1024\langnp2057\insrsid3807918\charrsid592639 \cell }\pard\plain \ltrpar\ql \li0\ri0\widctlpar\intbl\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \rtlch\fcs1 \af0\afs20\alang1025 
\ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10905947\charrsid592639 \trowd \irow0\irowband0\lastrow \ltrrow
\ts11\trgaph108\trrh611\trleft-108\trftsWidth1\trftsWidthB3\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tblrsid6166084\tblind0\tblindtype3 \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl 
\cltxlrtb\clftsWidth3\clwWidth8414\clshdrawnil \cellx8306\row }\pard\plain \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 
\fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8418275\charrsid592639 {\*\bkmkstart bkBodyStart}{\*\bkmkend bkBodyStart}
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\ul\lang2057\langfe5129\langnp2057\insrsid6249474\charrsid592639 Determinations:}{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\ul\lang2057\langfe5129\langnp2057\insrsid6249474 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\ul\lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid6249474\charrsid592639 \hich\af0\dbch\af0\loch\f0 A.\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6249474\charrsid592639 
The Court confirms its Judgment delivered on 14 June 2013 (Cook Islands time) that the application by the Respondent for the declarations appearing in its Statement of Defence is granted and the application by the
 Applicants for the declarations appearing in their Statement of Claim }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid868741\charrsid592639 is}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid6249474\charrsid592639  dismissed.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6249474 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid6249474\charrsid592639 \hich\af0\dbch\af0\loch\f0 B.\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls15\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6249474\charrsid592639 
Costs are to be dealt with in accordance with paragraph [}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid868741\charrsid592639 44}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6249474\charrsid592639 
] of these Reasons for Judgment.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6249474 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid131775\charrsid592639 Introduction}{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid131775 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid1718863\charrsid592639 \hich\af0\dbch\af0\loch\f0 [1]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639 The }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid13007088\charrsid592639 A}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639 
pplicants, Apex Agencies Limited, Apex Properties Limited, Meatco Limited and JLW Group Limited (collectively called \'93Apex\'94) are the lessor of four commercial properties in Rarotonga, and the Respondent, Cook Islands Trading Corporation Limited (
\'93CITC\'94) is the lessee of those properties}{\rtlch\fcs1 \af0 \ltrch\fcs0 \cs60\lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639 \chftn {\footnote \ltrpar \pard\plain \ltrpar
\s58\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 \cs60\super\insrsid7824335 \chftn 
}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335  strictly the parties are sublessor and sublessee as all land in Rarotonga is leasehold, but it is convenient to describe them, as the parties did as lessor and lessees}}}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid9776820\charrsid592639 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7687100 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid4212075\charrsid592639 \hich\af0\dbch\af0\loch\f0 [2]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4212075\charrsid592639 The}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639  parties have arranged for an arbitration to be conduct}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10771\charrsid592639 ed}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639  in Rarotonga commencing on 17 June 2013 (Cook Islands time) concerning the rent to be paid by CITC and the }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3564562\charrsid592639 L}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639 eases of the four properties in question for }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3564562\charrsid592639 their first}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639  renewed term.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1718863 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid1718863\charrsid592639 \hich\af0\dbch\af0\loch\f0 [3]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639 Arrangements ha}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid6819764\charrsid592639 d}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639  been finalised in respect of the arbitration}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3564562\charrsid592639 ;}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639 
 the arbitrators, their umpire and witnesses were booked to travel from New Zealand for the hearing, and all arrangements for the arbitration were in train when the parties realised that there may be doubt as t
o whether CITC could contend in the arbitration, as it has, that the rents for the properties for the new term could }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3564562\charrsid592639 contractually}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639  be set at a rate less than that operative for the initial term.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639 This was despite the parties having agreed}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3564562\charrsid592639 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639  in a conference call with the arbitrators on 22 April 2013 (Cook Islands time), in re}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3564562\charrsid592639 ply}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1718863\charrsid592639  to a question as to whether }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9708730\charrsid592639 
the dispute was solely about rent or extended to matters of interpretation of the lease }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3564562\charrsid592639 that }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid9708730\charrsid592639 it }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3564562\charrsid592639 wa}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9708730\charrsid592639 s 
\'93basically a rent matter but there may be lease use provisions for consideration\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1718863 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid9708730\charrsid592639 \hich\af0\dbch\af0\loch\f0 [4]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9708730\charrsid592639 
As a result of the parties realising that there might be an interpretation of the }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid16386376\charrsid592639 L}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid9708730\charrsid592639 eases which permitted reduction in the rent, Apex, on 10 June 2013 issued these proceedings under the Declaratory Judgments Act 1994 seeking the following declarations:}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9708730 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s18\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9708730\charrsid592639 \'93
That the Leases between the Applicants (as lessor) and the Respondent (as lessee) \endash }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9708730 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid9708730\charrsid592639 \hich\af0\dbch\af0\loch\f0 (i)\tab}}\pard \ltrpar
\s18\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\ilvl5\adjustright\rin0\lin1440\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9708730\charrsid592639 
provide for rent increases if the rent prior to the review date is less than current market rentals for buildings and land of a similar nature to the premises.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9708730 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid9708730\charrsid592639 \hich\af0\dbch\af0\loch\f0 (ii)\tab}}\pard \ltrpar
\s18\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\ilvl5\adjustright\rin0\lin1440\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9708730\charrsid592639 
only contemplate increases in annual rents at each review date with the effect that there can be no reduction in annual rents notwithstanding current market rentals may be less than the rent prior to the review date.\'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid9708730 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid7223740\charrsid592639 \hich\af0\dbch\af0\loch\f0 [5]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7223740\charrsid592639 In }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3564562\charrsid592639 its}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7223740\charrsid592639  Statement of Defence filed on 11 June 2013}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3564562\charrsid592639 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7223740\charrsid592639  CITC sought declarations in the following terms:}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid9708730 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s18\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13007088\charrsid592639 \'93}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7223740\charrsid592639 That each Lease on its true construction:}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7223740 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid7223740\charrsid592639 \hich\af0\dbch\af0\loch\f0 a)\tab}}\pard \ltrpar
\s18\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\ilvl1\adjustright\rin0\lin1440\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7223740\charrsid592639 
contemplates a determination of annual rent if a right of renewal is exercised;}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7223740 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid7223740\charrsid592639 \hich\af0\dbch\af0\loch\f0 b)\tab}}\pard \ltrpar
\s18\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\ilvl1\adjustright\rin0\lin1440\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7223740\charrsid592639 
that determination must be made in accordance with Clause 31;}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7223740 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid7223740\charrsid592639 \hich\af0\dbch\af0\loch\f0 c)\tab}}\pard \ltrpar
\s18\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\ilvl1\adjustright\rin0\lin1440\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7223740\charrsid592639 
that since rentals are to be based upon \'93current market rentals\'94 for other buildings and land, the arbitrators may, if satisfied that 
those current market rentals are less than the rent for the previous term of the Lease, determine a rental for the new term that is les}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13007088\charrsid592639 
s than that for the prior term.\'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7223740 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8652233\charrsid592639 (}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7223740\charrsid592639 
CITC also raised the possibility of an action for rectification of the Leases should its views concerning the construction of the same not be upheld but }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8652233\charrsid592639 
the parties, sensibly, set that issue to one side pending completion of these proceedings and the arbitration.)}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7223740 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid8652233\charrsid592639 Decision}{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid8652233 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid8652233\charrsid592639 \hich\af0\dbch\af0\loch\f0 [6]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8652233\charrsid592639 
On 15 June 2013 (NZ time) the Court advised the parties that}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13380649\charrsid592639 , 
on its interpretation of the Leases between them, the declarations sought by CITC were the correct ones and accordingly that those sought by Apex required to be rejected}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid131775\charrsid592639 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid131775\charrsid592639 It also }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13380649\charrsid592639 advised the parties that it would deliver the reasons for that judgment as soon as practicable thereafter.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid13380649 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid13380649\charrsid592639 \hich\af0\dbch\af0\loch\f0 [7]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13380649\charrsid592639 These are those reasons.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13380649 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid13380649\charrsid592639 The Leases}{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid13380649 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid131775\charrsid592639 \hich\af0\dbch\af0\loch\f0 [8]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid131775\charrsid592639 Apart from necessary }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid13380649\charrsid592639 exceptions relating to differences in descriptions of the properties and the rent payable, the parties agree all four Leases between them are identical}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11495079\charrsid592639 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13380649\charrsid592639 All a
re dated 20 August 2008.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid131775\charrsid592639 All contain identical provisions as to the permitted uses.}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13380649\charrsid592639 All provide for an initial term of four years from \'93Commencement Date\'94
 which the schedule defines as the date of settlement of a contract dated 1 August 2008}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid131775\charrsid592639  for the purchase of the premises by CITC}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid13380649\charrsid592639 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13380649\charrsid592639 
All provide for five rights of renewal, each for four years.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13205254 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid13380649\charrsid592639 \hich\af0\dbch\af0\loch\f0 [9]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13380649\charrsid592639 
As far as rent is concerned, the recitals to the Leases provide for }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2372829\charrsid592639 the essential details to be \'93as set out in the Schedule hereto\'94 with }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6357154\charrsid592639 C}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2372829\charrsid592639 lause 1.1 providing, in the usual way, for CITC to pay the rent and VAT \'93
for the time being payable (or in the case if the rent as varied pursuant to any rent review) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid131775\charrsid592639 b}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2372829\charrsid592639 y equal calendar monthly payments in advance...\'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2372829\charrsid592639 The remaining provisions of the Lease are those }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6357154\charrsid592639 
customarily found in leases of commercial premises but the }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid131775\charrsid592639 main}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6357154\charrsid592639 
 provisions for the purpose of these proceedings are Clauses 31 and 32.1 which read:}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid13380649 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s18\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid415878\charrsid592639 \'93}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 31.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 RENT REVIEWS}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid6357154 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s18\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 31.1}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 On each review date specified in the Schedule a new rental shall be determ
ined by agreement of the Lessor and the Lessee or failing agreement by arbitration in accordance with the arbitration provisions of this lease such rentals to be based upon current market rentals for the relevant rental period for buildings and land of a 
similar nature to the premises excluding any improvements made by the Lessee and having regard to all matters relevant to the determination of such rental.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s18\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 32.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 RENEWAL:}{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 TENENCY AFTER EXPIRATION OF TERM}{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid8601006 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s18\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 32.1}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 If the Lessee has not been in breach of this lea
se and has given to the Lessor written notice to renew the lease at least three (3) calendar months before the end of the term then the Lessor will at the cost of the Lessee renew the lease for the next further term from the renewal date as follows:}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s18\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin1440\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 (a)}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 The annual rent shall be agreed upon or failing agreement shall be determined in accordance with Clause 31.}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s18\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin1440\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 (b)}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 
The renewed lease shall otherwise be upon and subject to the covenants and agreements herein expressed and implied except that the term of this lease plus all further terms shall expire on or before the final expiry date.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid8601006 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s18\ql \li1440\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin1440\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 (c)}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 Pending the termination of the renewed rent the Lessee shall pay the rent pr}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15680048\charrsid592639 o}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006\charrsid592639 posed }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3738185\charrsid592639 by the Lessor.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3738185\charrsid592639 
Upon determination an appropriate adjustment shall be made.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid415878\charrsid592639 \'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid3738185\charrsid592639 \hich\af0\dbch\af0\loch\f0 [10]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3738185\charrsid592639 The Leases then provide, in Clause 36.1.6 that;}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3738185 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s18\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3738185\charrsid592639 \'93
Headings of paragraphs and bar or marginal notes have been inserted for the sake of convenience and guidance only and shall not be taken to form any part of the context or to assist in the interpretation of the paragraphs.\'94}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3738185 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid3738185\charrsid592639 \hich\af0\dbch\af0\loch\f0 [11]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3738185\charrsid592639 
Clause 36.1.6 is relevant to these proceedings because the provisions in the Schedule relevant to rent read:}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8601006 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par \ltrrow}\trowd \irow0\irowband0\lastrow \ltrrow\ts11\trgaph108\trleft601\trftsWidth1\trftsWidthB3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tblrsid9462905\tbllkhdrrows\tbllkhdrcols\tbllknocolband\tblind709\tblindtype3 
\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth2660\clshdrawnil \cellx3261\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl 
\cltxlrtb\clftsWidth3\clwWidth5045\clshdrawnil \cellx8306\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\intbl\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid4157761\charrsid592639 \'93}{\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid4157761\charrsid592639 Dates for increase of Annual Rent}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid4157761\charrsid592639 \cell As at the date of commencement of each renewed term.\'94\cell }\pard\plain \ltrpar\ql \li0\ri0\widctlpar\intbl\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \rtlch\fcs1 
\af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4157761\charrsid592639 \trowd \irow0\irowband0\lastrow \ltrrow
\ts11\trgaph108\trleft601\trftsWidth1\trftsWidthB3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tblrsid9462905\tbllkhdrrows\tbllkhdrcols\tbllknocolband\tblind709\tblindtype3 \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb
\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth2660\clshdrawnil \cellx3261\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth5045\clshdrawnil \cellx8306\row }\pard\plain \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 \rtlch\fcs1 \af0\afs20\alang1025 \ltrch\fcs0 \fs24\lang5129\langfe5129\cgrid\langnp5129\langfenp5129 {\rtlch\fcs1 \af0 \ltrch\fcs0 
\ul\lang2057\langfe5129\langnp2057\insrsid592639 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid3738185\charrsid592639 Principles of }{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid9729912\charrsid592639 I}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\ul\lang2057\langfe5129\langnp2057\insrsid3738185\charrsid592639 nterpretation of Leases}{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid3738185 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid3738185\charrsid592639 \hich\af0\dbch\af0\loch\f0 [12]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3738185\charrsid592639 The principles of contractual }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2035674\charrsid592639 interpretation in relation to Leases are not in contention.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid9729912\charrsid592639 T}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2035674\charrsid592639 hey were conveniently summarised in }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\i\ul\lang2057\langfe5129\langnp2057\insrsid2035674\charrsid592639 Wellington Racing Club v Harnett & Wedde Limited}{\rtlch\fcs1 \af0 \ltrch\fcs0 \cs60\lang2057\langfe5129\langnp2057\insrsid2035674\charrsid592639 \chftn {\footnote \ltrpar 
\pard\plain \ltrpar\s58\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 
\cs60\super\insrsid7824335 \chftn }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335  9 June 1997 Ellis & McGechan JJ, HC Wellington AP243/96 cited in Brookers Land Law para 11.1.02}}}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3674122\charrsid592639  as follows:}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3738185 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s18\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3674122\charrsid592639 \'93It is true, as [}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \i\ul\lang2057\langfe5129\langnp2057\insrsid3674122\charrsid592639 Melanesian Mission Trust Board v AMP Soc}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3674122\charrsid592639  [1997] 1 NZL
R 391 (PC)]... emphasises, that in the first instance commercial instruments such as leases are to be given their plain meaning.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3674122\charrsid592639 Where words on their face are plain, surrounding circumstances are not to be invoked to produce some ambiguity; with that ambig
uity then resolved by reference to surrounding circumstances so as to produce some less than obvious true meaning.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3674122\charrsid592639 However, that plain meaning approach is subject to questions of absurdity.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3674122\charrsid592639 Parties to commercial instruments generally do not intend the commercially absurd.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3674122\charrsid592639 As the }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\ul\lang2057\langfe5129\langnp2057\insrsid3674122\charrsid592639 Melanesian Mission}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3674122\charrsid592639  case itself accepts... plain meaning may give way if \lquote an absurd result would be produced if their ordinary meaning was to be given to the (relevant) words\rquote .}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3674122\charrsid592639 The question did not arise in the }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\i\ul\lang2057\langfe5129\langnp2057\insrsid3674122\charrsid592639 Melanesian Mission}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3674122\charrsid592639  cas
e, as either interpretation of the clause in question was commercially realistic, outcome either way being within the range of negotiation.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3674122\charrsid592639 That should not be allowed to disguise the principle recognised.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3674122\charrsid592639 The Court will look for an alternative and commercially sensible result within the semantically possible.\'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3674122 

\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid6514463\charrsid592639 \hich\af0\dbch\af0\loch\f0 [13]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6514463\charrsid592639 A}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid8217185\charrsid592639 nd in the handy compendium referred to by counsel Clarke and Adams \'93Rent }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6514463\charrsid592639 R}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8217185\charrsid592639 eviews and }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6514463\charrsid592639 V}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid8217185\charrsid592639 ariable }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6514463\charrsid592639 R}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid8217185\charrsid592639 ents\'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \cs60\lang2057\langfe5129\langnp2057\insrsid8217185\charrsid592639 \chftn {\footnote \ltrpar \pard\plain \ltrpar
\s58\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 \cs60\super\insrsid7824335 \chftn 
}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335  3}{\rtlch\fcs1 \af0 \ltrch\fcs0 \super\insrsid7824335\charrsid2164780 rd}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335  ed Chapter 10, \'93The Principles of Construction of Rent Review Clauses\'94 p297 ff}}}
{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7474614\charrsid592639  the view }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2164780\charrsid592639 i}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7474614\charrsid592639 s expressed that the proper construction of rent review clauses is a question of law}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2164780\charrsid592639 ;}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7474614\charrsid592639  that the meaning of a particular word is a question of fact; that the construction of rent review clauses is a process of ascertaining the mutual intention of 
the parties from the meaning of the words used; that the words used are construed literally unless there is a clear contrary intention or some manifest absurdity; }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2164780\charrsid592639 that }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7474614\charrsid592639 extrinsic evidence as to the actual or subject}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2164780\charrsid592639 iv}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7474614\charrsid592639 e intent is rarely admitted but the Court can take account of the \'93matrix of fact\'94
 surrounding }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2164780\charrsid592639 or }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7474614\charrsid592639 
antecedent to the transaction; that the documents must be construed as a whole with repugnancy ignored in the last resort; that the commercial purpose of the contract may assist in construction following which }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2164780\charrsid592639 are examples}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7474614\charrsid592639  of the means adopted by the Courts in other cases to resolve ambiguities.}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7474614\charrsid592639 Of interest to the present case, in dealing with commercial purpose}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid14116938\charrsid592639 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7474614\charrsid592639  the text says:}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\cs60\lang2057\langfe5129\langnp2057\insrsid7474614\charrsid592639 \chftn {\footnote \ltrpar \pard\plain \ltrpar\s58\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 \cs60\super\insrsid7824335 \chftn }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335  p310}}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3674122 

\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }\pard \ltrpar\s18\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1135213\charrsid592639 \'93}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15405063\charrsid592639 The modern emphasis recognises that such a clause is primarily designed \lquote to give relief to\rquote  (\lquote load the scales in favour of\rquote 
?) the landlord where, as is usual, the rent cannot be reduced on review (}{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\ul\lang2057\langfe5129\langnp2057\insrsid15405063\charrsid592639 Equity & Law Life Assurance Society v Bodfield}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15405063\charrsid592639 
 [1987] 1 EGLR 124); the overall aim is to combat both inflation and to obtain periodically the market value of the premises as if let on the same terms in the open market at the review dates (}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\i\ul\lang2057\langfe5129\langnp2057\insrsid15405063\charrsid592639 British Gas Corporation v Universities Superannuation Scheme}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15405063\charrsid592639  [1986] 1 WLR 398).}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15405063\charrsid592639 There is an increasing emphasis that the primary purpose is to \lquote 
allow the rent to be adjusted to reflect changes (usually only upward changes) in the monetary value of the building\rquote  per Hoffman J in }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\ul\lang2057\langfe5129\langnp2057\insrsid15405063\charrsid592639 
Tea Trade Properties Ltd v CIN Properties Ltd}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15405063\charrsid592639  [1990] 1 EGLR 155.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15405063\charrsid592639 This may reduce the emphasis and weight given to the idea of a rent review being a method of restoring the value of the bargain embodied in the lease \endash  to both sides.}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1135213\charrsid592639 \'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14164932 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639\charrsid592639 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid8338608\charrsid592639 Submissions}{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid7474614 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid8338608\charrsid592639 \hich\af0\dbch\af0\loch\f0 [14]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8338608\charrsid592639 In submissions filed on behalf of all Applic
ants, Mr Manarangi first dealt with whether the Schedule was part of the Leases and whether the way in which that part of the Schedule earlier cited }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14116938\charrsid592639 i}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8338608\charrsid592639 s laid out meant that the sidebar \'93Dates for increase of Annual Rent\'94 was a marginal note and thus excluded from assisting in the construction of the Leases.}
{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8338608\charrsid592639 He submitted such was not the case and the Leases\rquote  use of the word \'93
increase\'94 as part of the provisions for renewed terms meant, on its face, that only increases in rent were permissible.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid8338608\charrsid592639 He submitted tha
t Clause 31.1 did not give CITC an avenue by which rents might be decreased on a rent review date as such a construction would ignore the provisions of the Schedule and the overall intent and purpose of the scheme of the Leases.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8338608\charrsid592639 He submitted that \'93the result is that a submission}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11753349\charrsid592639  to arbitration in relation to a rent review only eventuates if a rent review is initiated by the lessor and the proposed increase in rent is not agreed to by the lessee\'94.}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid8338608 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid11753349\charrsid592639 \hich\af0\dbch\af0\loch\f0 [15]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11753349\charrsid592639 
Mr Manarangi relied on the distinction in the cases between Leases which said rentals must be at \'93current market rentals\'94 and those where the renewed rent was required to be \'93based on current market rentals\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11753349 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid11753349\charrsid592639 \hich\af0\dbch\af0\loch\f0 [16]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11753349\charrsid592639 
That distinction relied on the observations of the New Zealand Court of Appeal }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14116938\charrsid592639 i}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11753349\charrsid592639 n }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\ul\lang2057\langfe5129\langnp2057\insrsid11753349\charrsid592639 Metal Sales Limited v Ettema}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\cs60\lang2057\langfe5129\langnp2057\insrsid11753349\charrsid592639 \chftn {\footnote \ltrpar \pard\plain \ltrpar\s58\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 \cs60\super\insrsid7824335 \chftn }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335  (1995) 3 NZ ConvC 192,191, 192,194}}}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11753349\charrsid592639  where the Court held:}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11753349 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par }\pard \ltrpar\s18\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11753349\charrsid592639 \'93
But when the express provision about rent reviews is examined it is notable that it does not direct that the rent upon review is to be the current market rent.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11753349\charrsid592639 Rather, it says that the reviews are to be }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid11753349\charrsid592639 based on}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11753349\charrsid592639  current market rentals, which is not the same thing and is not inconsistent with a ratchet clause.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11753349\charrsid592639 In our view a rent fixed first by assessing a market level of rent by looking at comparable properties an
d then by taking the higher of the existing rent or the assessed rent can fairly be said to be fixed by a review process based on the market rent.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11753349\charrsid592639 The review, that is the process, is to be based on market rents.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid11753349\charrsid592639 The agreement does not say that the rent fixed as a result is necessarily to be a current market rent.\'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid11753349 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid14116938\charrsid592639 \hich\af0\dbch\af0\loch\f0 [17]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14116938\charrsid592639 Relying on}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15031648\charrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\ul\lang2057\langfe5129\langnp2057\insrsid15031648\charrsid592639 Metal Sales}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15031648\charrsid592639 , Mr Manarangi drew the submission that the rent between the present parties for the renewed term needs to be \'93based\'94 on current market rentals but not necessarily set at that level.}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15031648\charrsid592639 That, combined with the use of the word \'93increase\'94
 in the Schedule meant the rent in these Leases for the renewed term must be increased and the use of the word \'93based\'94 on current market rentals did not decree th}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid679607\charrsid592639 at}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15031648\charrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid679607\charrsid592639 
rent at }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15031648\charrsid592639 c}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid679607\charrsid592639 urrent market rentals must be the result.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3738185 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid679607\charrsid592639 \hich\af0\dbch\af0\loch\f0 [18]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid679607\charrsid592639 Mr Manarangi also relied on the }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \i\ul\lang2057\langfe5129\langnp2057\insrsid679607\charrsid592639 Melanesian Mission Trust Broad}{\rtlch\fcs1 \af0 \ltrch\fcs0 \cs60\i\ul\lang2057\langfe5129\langnp2057\insrsid679607\charrsid592639 \chftn {\footnote \ltrpar \pard\plain \ltrpar
\s58\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 \cs60\super\insrsid7824335 \chftn 
}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335  [1997] 1 NZLR 391}}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid679607\charrsid592639  decision.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid679607\charrsid592639 
In that case the Privy Council was dealing with a lease which required the lessee to pay rent at a rate specified in a Schedule or an increase where the rent had been \'93increased in accordance with the express provisions of this lease\'94.}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid679607\charrsid592639 At issue was whether
 the effect of that clause was that the base rent could not fall below the amount specified in the Schedule to the lease }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639 
or was free to move up and down according to the state of the market at each review date.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639 Their }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14116938\charrsid592639 L}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639 ordships held the former to be the case because}{\rtlch\fcs1 \af0 \ltrch\fcs0 \cs60\lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639 \chftn {\footnote \ltrpar \pard\plain \ltrpar
\s58\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 \cs60\super\insrsid7824335 \chftn 
}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335  at 395}}}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639  the Schedule used the word \'93increased\'94 }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid14116938\charrsid592639 and }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639 that word was \'93susceptible of only one meaning\'94 because it indicate}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14116938\charrsid592639 d}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639  that the amount of the \'93}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 \lquote }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639 increased rent}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 \rquote }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639  cannot be less than the amount which was previously payable}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 \'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639 The Privy Council went on to observe, of a submission that part of the definition of the rent did not express}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 ly}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639  prohibit decrease}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 s}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639 , that}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\cs60\lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639 \chftn {\footnote \ltrpar \pard\plain \ltrpar\s58\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 \cs60\super\insrsid7824335 \chftn }{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335  at 396}}}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid679607 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par }\pard \ltrpar\s18\ql \li720\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639 \'93
the absence of an express prohibition against any decrease does not mean that decreases in rent are permitted.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639 It is absence of a provision }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639 for}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15543680\charrsid592639  a reduction in rent rather than }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1384046\charrsid592639 
a prohibition against such a reduction which is the critical feature of the clause}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1384046\charrsid592639  as its function is to define the extent of the lessee\rquote s covenant in regards to the base }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid614757\charrsid592639 rent
\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15543680 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid614757\charrsid592639 \hich\af0\dbch\af0\loch\f0 [19]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid614757\charrsid592639 
Mr Clarke, chairman of directors of CITC, filed an affidavit in }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 both }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid614757\charrsid592639 
the arbitration and these proceedings claiming it had been a deliberate decision to omit a ratchet clause}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 
 when the Leases the subject of these proceedings were drafted}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid614757\charrsid592639 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid614757\charrsid592639 Mr Manarangi submi
tted that evidence was inadmissible and, in any event, even if the absence of a ratchet clause was deliberate, that did not lead to the conclusion that the possibility of rent reductions on review dates was in the contemplation }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 o}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid614757\charrsid592639 f the parties.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15543680 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid3618858\charrsid592639 \hich\af0\dbch\af0\loch\f0 [20]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 F}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639 or CITC, }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 Mr Arnold\rquote s }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639 basic submission }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 was }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639 that where}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639  rental for these Leases for the renewed term was}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639  to be }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639 \'93based\'94 on current market rentals then, }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 if t}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639 he }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 evidence }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639 showed the market for commercial premises in Rarotonga had declined during the initial term of t
he Lease, it was inevitable that the rents should be reduced to a level which satisfied the formula in Clause 31.1.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9242659 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid14836680\charrsid592639 \hich\af0\dbch\af0\loch\f0 [21]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639 He contended that the phrase \'93}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 D}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639 ates for increase of Annual Rent\'94
 was no more than a marginal note and thus could not affect the construction of the Lease particularly when the parties had, in the interpretation clause, Clause 36.1.6}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639  expressly agreed that marginal notes were \'93for the sake of convenience and guidance only\'94
 and were not to \'93form any part of the context or to assist in the interpretation of the paragraph\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14836680 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid14836680\charrsid592639 \hich\af0\dbch\af0\loch\f0 [22]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639 
Mr Arnold, recognising that some precedents suggested the need for affirmative words to negate the suggestion of an implied ratchet clause, made the point that those cases say that result only occurs where the terms of the Lease were ambiguous.}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639 Such was not the case here in Mr Arnold\rquote s submission.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14836680 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid14836680\charrsid592639 \hich\af0\dbch\af0\loch\f0 [23]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639 A}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 nd,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639  whilst the contents of Mr Clarke\rquote 
s affidavit could be taken into account in construing the matrix of fact or the context in relation to the point at issue in these proceedings, Mr Arnold accepted that all evidence relating to negotiations for the Lease was excluded.}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14836680 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid14836680\charrsid592639 \hich\af0\dbch\af0\loch\f0 [24]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639 He submitted that Apex}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 \rquote }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639  reliance on }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\i\ul\lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639 Melanesian Mission}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639  misconstrued that decision.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14836680\charrsid592639 The Applicants were, he su}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639 bmitted, striving to find an ambiguity in the present leases when, on proper construction, no such ambiguity arose.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid14836680 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid3618858\charrsid592639 \hich\af0\dbch\af0\loch\f0 [25]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 In a further submission that the Applicants\rquote 
 reliance on }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\ul\lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 Melanesian Mission}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid592639 
 was misguided, Mr Arnold pointed to the fact that basic to the Privy Council decision was giving meaning to the phrase \'93where increased in accordance with expressed provisions of this Lease at the increase rate\'94
, something which was not comparable to the present Lease.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid7161320\charrsid7824335 \hich\af0\dbch\af0\loch\f0 [26]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid7824335 After detailed reference to the terms 
of the Leases, Mr Arnold submitted that none of the references of the documents }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid3618858\charrsid7824335 listed t}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7161320\charrsid7824335 o the Schedule would make sense if the words to the right of the marginal notes were deleted but all would make sense if the marginal notes were deleted.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7161320 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid7824335 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639 Discussion and Decision}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid7161320 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid7161320\charrsid592639 \hich\af0\dbch\af0\loch\f0 [27]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639 
Because the Applicants place significant reliance on the inclusion of the word \'93increase\'94 in the }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15561368\charrsid592639 relevant }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639 section of the Schedule, it is convenient to commence with the Respondent}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15561368\charrsid592639 \rquote }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639 s submission in that regard}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15561368\charrsid592639  that it amounts to no more than a marginal note as, }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639 were the use of that word to be held unavailable to the construction of these Leases, the Applicants\rquote  task would be that much more difficult.}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid7161320\charrsid592639 \hich\af0\dbch\af0\loch\f0 [28]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639 
It is correct that the parties, in Clause 36.1.6 of the Leases agreed that headings and
 marginal notes are not to be taken to form any part of the context or to assist in interpretation, but that does not lead to a conclusion that the layout of the Schedule is such that the }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15561368\charrsid592639 list}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639 
 of headings to the left must be regarded as marginal notes and therefore unavailable to assist in construction.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid7161320\charrsid592639 \hich\af0\dbch\af0\loch\f0 [29]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639 The parties have headed each provision}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15561368\charrsid592639  or}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639  collection of provisions }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15561368\charrsid592639 in}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639  the Lease with a heading.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639 That no doubt assists in those perusing t
he documents finding the provisions relevant to the point they are considering but those headings add nothing to the construction of the Leases and is therefore entirely understandable the parties should have agreed they form no part of the interpretive p
rocess (though the headings to the lessees covenants}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid868741\charrsid592639  \endash }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639 
 paras 1-18, the lessors clauses}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15561368\charrsid592639 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639  19 and 20 and the }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid868741\charrsid592639 mutual covenants, clauses 21-42}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid868741\charrsid592639 \endash  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639 may fall into a different category as they form part of most standard leases).}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid7161320\charrsid592639 \hich\af0\dbch\af0\loch\f0 [30]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639 What the parties in}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15561368\charrsid592639 ten}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320\charrsid592639 ded }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7429334\charrsid592639 by the Clause 36.1.6 reference to marginal notes is less obvious, though they may have intended the subparagraph numbering adopted throughout the }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid868741\charrsid592639 L}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7429334\charrsid592639 ease.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7429334\charrsid592639 It may also be that most of Clause 36.1 was simply transferred into these Leases from some other lease }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15561368\charrsid592639 (or from the Acts Interpretation Act 1924) }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7429334\charrsid592639 
since, with the exception of Clause 36.1.7 and possibly Clause 36.1.1 }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid868741\charrsid592639 t}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7429334\charrsid592639 he balance appear }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15561368\charrsid592639 of }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid7429334\charrsid592639 doubtful relevance.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7161320 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid7429334\charrsid592639 \hich\af0\dbch\af0\loch\f0 [31]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7429334\charrsid592639 
However, as far as the layout of the Schedule is concerned, the Court\rquote s view is that the Schedule must be viewed as a whole with each part integral to the Schedule itself and }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15561368\charrsid592639 therefore }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7429334\charrsid592639 to the Lease.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7429334\charrsid592639 Thus seen, the subheadings on the left would make no sense without the notations on the right and vice versa.}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7429334\charrsid592639 It would be illogical to have an entry}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639  \'93Dates for increase of Annual Rent\'94 without the phrase \'93as at the date of commencement of each renewed term\'94 to complement the heading, and the reverse would be equally true.}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 
So the correct approach is to treat the Schedule as a whole including its use of the word \'93increase\'94 with regard to rent payable at the beginning of each renewed term.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7429334 

\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid15561368\charrsid592639 \hich\af0\dbch\af0\loch\f0 [32]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15561368\charrsid592639 The questions then become:}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 Does the use of the word \'93increase\'94
 in the Schedule mandate nothing other than an increase in rent at the commencement of each renewed term?}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 Does the use of that word mean }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15561368\charrsid592639 both that }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 the rent payable from the commencement of each renewed term can never reduce below the rent payable for the preceding term and can never be set at the same level a}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14706225\charrsid592639 s}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639  previously}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15561368\charrsid592639 , even though that might otherwise be the result of the operation of a traditional ratchet clause}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 ?}
{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid2650141\charrsid592639 \hich\af0\dbch\af0\loch\f0 [33]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 The answer, in the Court\rquote 
s view, is that the construction to be ascribed to the use of the word \'93increase\'94 must be tempered by }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 what should be regarded as }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 the }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 prime }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 provisions }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 as far as interpretation of the Leases is concerned, the provisions of}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639  Clauses 31 and 32.1}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639  and the Court turns to those provisions.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid2650141\charrsid592639 \hich\af0\dbch\af0\loch\f0 [34]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 Clauses 31.1}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid10120056\charrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 and 32.1 provide for differing situations.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 They provide two routes to the same means of conclusion: agreement or arbitration.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2650141 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid2650141\charrsid592639 \hich\af0\dbch\af0\loch\f0 [35]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 Clause 31.1 makes it mandatory for a \'93new rental
\'94 to be determined \'93on each review date\'94, that is to say the obligation}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639  on the parties}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639  to determine \'93new rental\'94 arises automatically every four years on expiration of the preceding term of the Lease.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2650141 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid2650141\charrsid592639 \hich\af0\dbch\af0\loch\f0 [36]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 Clause 32.1 obligates the lessor to re}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 new}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 
 the Lease for a further term from the renewal date if the lessee, not being in breach of the Lease, has given the lessor three calendar months notice of }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 its}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639  requirement for }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid10120056\charrsid592639 a }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 renewal.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid2650141\charrsid592639 \hich\af0\dbch\af0\loch\f0 [37]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 Whether the determination of the \'93new rental\'94
 arises as a result of the arrival of each review date or whether the new \'93annual rent\'94 arises from the lessee\rquote s notice for renewal, the means of det
ermining the rent for the ensuing term is identical; it must be determined either by agreement of the parties or by arbitration abiding by the principles appearing in Clause 31.1.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid2650141 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid2650141\charrsid592639 \hich\af0\dbch\af0\loch\f0 [38]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 Since the means of determining the }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 \'93}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 new}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 \'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639  or }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 \'93}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639 annual}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 \'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid2650141\charrsid592639  rent for a renewed term is identical in either case, the parties presumably include}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 d}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 
 two modes of getting to the need for agreement or arbitration to cover the possibility of the lessee not giving notice of }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 its requirement for renewal}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639  but holding over in terms of Clause 32.2.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 If}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 t}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 he }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 
lessor omits to propose an increased rent the lessee holding over would only be obligated to pay rent at the previous level.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 In a time of rising rents, that might be an attractive option, so the lessee could withhold giving a notice for renewal.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 The requirement for }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 
determination of a \'93new rental\'94 }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 by}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 
 the expiration of the preceding term ensure}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 s}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 
 that either agreement or arbitration }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid9962777\charrsid592639 automatically }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 
follows the expiration of the previous term.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid12394002\charrsid592639 \hich\af0\dbch\af0\loch\f0 [39]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 
It is correct, as Mr Manarangi submitted, that the }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639 \'93}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 new}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639 \'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639 or \'93}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 annual}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639 \'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 
 rent for the renewed term is not required to be at current market rentals but is required to be \'93based\'94 upon such rentals and, as }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\ul\lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 Metal Sales}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639  makes clear, }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639 that}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639  is not the same as saying the new rent must be current market rent and is not inconsistent with a ratchet clause}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639 B}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 ut those observations do no more than deal w}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639 ith the result of a rent review;}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639  they do not say that the rent for the renewed term must be current market rent but that it must be }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639 \'93}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 based}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639 \'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639  on current market rent }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639 and it must be }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 \'93
for buildings and land of a similar nature to the premises excluding any improvements made by the Lessee and having regard to all matters relevant to the determination of such rental\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 That formula }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639 
decrees the}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639  basis }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639 for determining }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 the facts to be taken into account when setting the rent for the next four year term. Such a formula}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639 , as }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\ul\lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639 Metal Sales}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid15619727\charrsid592639  says,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 m}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 ay }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 not be inconsistent with a ratchet clause}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 
 should there be one in the particular case, but the point of distinction between the present case and }{\rtlch\fcs1 \af0 \ltrch\fcs0 \i\ul\lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 Metal Sales}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639  is that, in that case, the part}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 ies}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 could }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 reach no agreement on the inclusion of}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 a ratchet clause in their Lease and were therefore obliged }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 by their contract}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639  to call evidence as to whether}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639  in 1989 in New Zealand}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 ratchet clauses were }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 normal in leases of properties similar to that under consideration in that decision.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 Here there is no express ratchet clause \endash  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 deliberately or otherwise \endash 
 but the parties included in their Leases a }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002\charrsid592639 reasonably detailed formula to be }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid14093660\charrsid592639 complied with in determining the basis for the current market rents for the ensuing term.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14093660\charrsid592639 
It must follow that, the parties not having included a ratchet clause to prevent determination of the rent for one renewal period being the same or more than that for the preceding period, the rents for th
ese premises can be determined on renewal to be less than the rents for the preceding terms should such lowered level be proved to be the current market rent \'93for buildings and land of a similar nature\'94 excluding lessee\rquote 
s improvements but including \'93all matters relevant to the determination of such rental\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12394002 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid14093660\charrsid592639 \hich\af0\dbch\af0\loch\f0 [40]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14093660\charrsid592639 The use by the parties of the word \'93increase
\'94 in the Schedule must be seen in that light.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14093660\charrsid592639 In its usual usage, the word \'93
increase\'94 is inapt because, clearly, the rent for a renewed term might be set at the rate current for the preceding term if that }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 were}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14093660\charrsid592639  the result of the application of the determination formula in Clause 31.1}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 
 even if rents for similar Rarotonga properties had fallen in the interim}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14093660\charrsid592639 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14093660\charrsid592639 It }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 c}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid14093660\charrsid592639 ould certainly be the result had the Leases contained }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639 an express ratchet provision.}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639 On that view, the normal usage for the word \'93increase\'94 must be regarded as }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 applicable only}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 if }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639 the determination of the }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 \'93}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639 new}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 
\'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639  or }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 \'93}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639 annual}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 \'94}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639  rental for the renewed term }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 in accordance with the formula in Cla
use 31.1 results in rents going up and the normal usage must be disregarded if compliance with that formula results in rents being set at the same or a reduced level.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 In the Court\rquote s view, for interpretation purposes, the detailed provisions of Clause 31.1 prevail over the single use of the word \'93increase\'94
 in the Schedule}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid14093660 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid1317501\charrsid592639 \hich\af0\dbch\af0\loch\f0 [41]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639 
An additional reason leading to the same conclusion is that, as earlier noted, there is ample precedent for the commercial purpose of }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 a }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639 rent review clause to be taken into account in determining the ensuing rent.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639 As the passage from \'93}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 R}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639 ent }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 R}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639 
eviews and }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 V}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639 ariable }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 R}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639 ents\'94 earlier cited}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639  demonstrates}{\rtlch\fcs1 \af0 \ltrch\fcs0 \cs60\lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639 \chftn {\footnote \ltrpar \pard\plain \ltrpar
\s58\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 \cs60\super\insrsid7824335 \chftn 
}{\rtlch\fcs1 \af0 \ltrch\fcs0 \insrsid7824335  and other authority eg. Hinde McMorland and Sim, Land Law New Zealand, looseleaf edition, para 11.110 p 65, 208 \endash  65, 210 and Brookers Land Law, looseleaf edition, para 11.11.05}}}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639 , }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 a prime}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1317501\charrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid4226268\charrsid592639 commercial purpose of rent review clauses was to maintain the real value of the rent }{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639 received}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 ,}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639  for the benefit of the landlord, especially when aligned with a ratchet clause.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 Such clauses are to ensure landlords receive an appropriate return on the capital employed.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639 They are to restore the value of the parties\rquote  bargain}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12786650\charrsid592639 ,}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1800452\charrsid592639  but, as}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639  Mr Clarke}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12786650\charrsid592639  and Adams say, the restoration of the bargain\rquote s value effected by rent review clauses is restoration \'93to both sides\'94.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12786650 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid12786650\charrsid592639 \hich\af0\dbch\af0\loch\f0 [42]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12786650\charrsid592639 It follows that, if Mr Clarke}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639 
 is correct and rents of commercial premises in Rarotonga for properties comparable to those involved in this case have reduced since 2008, that reduction would not have been instantaneous}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12786650\charrsid592639 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12786650\charrsid592639 S}{\rtlch\fcs1 
\af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639 o it may well be the case that CITC has been paying more than current market rents for these premises for at least part of the period since the inception of these Leases}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12786650\charrsid592639 .}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12786650\charrsid592639 If that be correct, Apex has been }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639 over}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12786650\charrsid592639 -}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639 compensat}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12786650\charrsid592639 ed}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639  for the }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12786650\charrsid592639 value of the bargain represented by these Leases for at least part of their initial term, and application of the formula in Clause 31.1 may restore both parties to their position.}{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid1317501 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639 Result}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\ul\lang2057\langfe5129\langnp2057\insrsid12742774 
\par }{\rtlch\fcs1 \af0 \ltrch\fcs0 \ul\lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid12742774\charrsid592639 \hich\af0\dbch\af0\loch\f0 [43]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639 
In the result, as the Court concluded in its judgment delivered on 14 June 2013 (Cook Islands time), CITC ha}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12786650\charrsid592639 d}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639  made out a case for declarations in the form for which it contended (and which were earlier recited).}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{
\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639 It follow}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12786650\charrsid592639 ed}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639  that Apex\rquote s application for the declarations it sought }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12786650\charrsid592639 had to }{\rtlch\fcs1 \af0 
\ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639 be dismissed.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12742774 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid7824335\charrsid592639 
\par {\listtext\pard\plain\ltrpar \s18 \rtlch\fcs1 \af0\afs20 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\langfenp5129\insrsid12742774\charrsid592639 \hich\af0\dbch\af0\loch\f0 [44]\tab}}\pard \ltrpar
\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\ls13\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639 
As to costs, if the parties are unable to agree, memoranda }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid12786650\charrsid592639 (maximum 5 pages) }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639 may be filed with the parties certifying, if they consider it appropriate }{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6249474\charrsid592639 
so to do, that all issues of costs can be determined by the Court without a further hearing.}{\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid592639  }{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid6249474\charrsid592639 
Any memorandum from the Respondent is to be filed and served within 28 days of delivery of these Reasons for Judgment and any memorandum from the Applicants is to be filed and served within 35 days of that date.}{\rtlch\fcs1 \af0 \ltrch\fcs0 
\lang2057\langfe5129\langnp2057\insrsid12742774\charrsid592639 
\par }\pard \ltrpar\s18\ql \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid592639 {\rtlch\fcs1 \af0 \ltrch\fcs0 \lang2057\langfe5129\langnp2057\insrsid6249474\charrsid592639 
\par }\pard \ltrpar\s18\qc \li0\ri0\nowidctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid7824335 {\rtlch\fcs1 \af0 \ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid10431954\charrsid592639 Hugh Williams, J}{\rtlch\fcs1 \af0 
\ltrch\fcs0 \b\lang2057\langfe5129\langnp2057\insrsid6249474\charrsid592639 
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