Common Contracts
1 similar null contracts
The Nelson cotton mill agreement-June 17th, 2020
One principle of our legal system holds that parliament for the time being has sovereign power β one parliament cannot bind its successor at least in a matter of substance. A further principle of law holds that, with certain exceptions, in matters of contract the Crown is subject to the same rules, privileges and sanctions as private citizens. The potential conflict between these two principles gives rise to several areas of uncertainty. It is clear that a contract which has been ratified by an Act of parliament, and so become law, is binding until its abrogation and repeal by a succeeding statute. Can a contract formed by the Crown and not ratified by parliament bind the Crown and its successors unless and until parliament exercises its sovereign right to override it by statute? Is this right to abrogate a contract by statute, which would appear to set limits to the liability of the Crown in contract, one which is often used? Are any other solutions available if a succeeding governmen
