APPEAL HEARD
POWAR BOARD INTEREST,
(Australian Press Association).
SYDNEY; November 29. ' The High .Court.is healing.the apical of the AVaugannirßangitikei • Power Board agaihsf the decision of the New Sou th. ' Wales 7 Equity - Court; r in the Board’s ,• claim.: f or, a , reduction, of interest under: the' : New Soutli Wales Interest ■ Reducticm/A ct," ort ’ certain' ‘'debentures for moneys ■*borrowed from the Australian Mutual’ Provident Society.
The grounds of.-appeal are that the Court .was in error in. declaring that the Interest Reduction Act dkl not apply in this case., and that the Board is not entitled;'to ”tlie bepefitiof the’Act, in the payment 1 of interest.
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Hokitika Guardian, 30 November 1933, Page 2
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103APPEAL HEARD Hokitika Guardian, 30 November 1933, Page 2
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