4 Jul 2023
SEED HOUSING LTD v HARNESS RACING NEW ZEALAND INC [2023] NZHC 1705
- Citation
- [2023] NZHC 1705
- Court
- High Court
SEED held an equitable interest sufficient to support the caveat; Racing Industry Act 2020 s21 applies prospectively from its commencement and required Harness Racing consent for transfers after 1 July 2020 but refusal to consent did not render the agreement illegal or automatically cancelled; the Court refused to remove the caveat because SEED would be prejudiced and there was an arguable basis for further proceedings including judicial review of Harness Racing's decision.