3 Jul 2017
Y&P NZ LIMITED v WANG [2017] NZCA 280
- Citation
- (2017) 18 NZCPR 734
- Court
- Court of Appeal
Appeal dismissed. The Court held it was reasonably arguable that the vendor waived the contractual requirement for timely written notice by issuing amended settlement statements showing zero-rated GST and requesting the purchasers' GST numbers, such that the respondents had a caveatable interest and the High Court order sustaining the caveats was properly made; the Court did not decide whether the statutory notice requirement is waivable but expressed reservations that it may primarily protect the tax base.