22 Feb 2018
ACCIDENT COMPENSATION CORPORATION v STAFFORD [2018] NZHC 218
- Citation
- [2018] 2 NZLR 861
- Court
- High Court
Stafford does not presently have a reasonably arguable caveatable beneficial interest in the ACC property because he cannot show a beneficial interest derived from the registered proprietor (ACC) absent lawful ministerial action; although it is arguable Ministers could lawfully direct ACC under the Crown Entities Act to preserve land that may be used to satisfy Crown liabilities arising from the Wakatū decision, that unexercised power does not confer a present caveatable interest, so the caveat is not supported on its merits but is temporarily maintained to permit ministerial consideration.