Read the full judgment text of FAMV32/2022 on BabelCite. This Court of Final Appeal judgment was delivered on 1 August 2022 before Mr Justice Fok PJ, Mr Justice Lam PJ, Mr Justice Tang NPJ.
1. We are satisfied that the following two questions involved in the present case are of great general or public importance and ought to be submitted to the Court for decision:
Legal issues: Whether BS Lyle Ltd v Chappell lays down a rule of law or construction on new loan capitalising accrued interest · Whether a new loan to discharge an existing loan contravening Section 24 MLO is tainted by illegality or fails for want of consideration
Outcome: Leave to appeal granted on two questions of law; leave refused on other questions.
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