11 Feb 2008
WINE COUNTRY CREDIT UNION V KERRY CHARLES RAYNER AND ANOR HC NAP CIV 2007-441-416
- Citation
- openlaw-2fdfb4cb_d8ca_457c_b358_ae907d7c0472.pdf
- Court
- High Court
The High Court upheld the District Court: the contract was not fair and reasonable under s 6 given the lender's failure to verify ages and means and surrounding circumstances, and it was proper to decline to exercise the statutory discretion to enforce or to award restitution under s 7; appellate court will not interfere absent error of principle or plainly wrong exercise of discretion.