[PRIVY COUNCIL]
UNITED DOMINIONS CORPORATION (JAMAICA) LTD. APPELLANT AND MICHAEL MITRI SHOUCAIR RESPONDENT
ON APPEAL FROM THE COURT OF APPEAL OF JAMAICA
1968 March 20, 21, 25, 26;
May 14
VISCOUNT DILHORNE, LORD GUEST, LORD DEVLIN, LORD PEARCE and LORD PEARSON.
JamaicaMoneylenderMemorandumRequirements ofNot applicable to loans with interest of ten per cent. or lessOriginal agreement enforceableTemporary variation in rate of interestAgreement for variation unenforceableWhether original agreement thereby becoming unenforceableIntention of parties equally important in moneylending transactionsWhether temporary variation in rate of interest evidence of intention to rescind original agreement Moneylending Laws (Laws of Jamaica, rev., 1953, cap. 254) s. 8.
MoneylenderMemorandumRequirements ofNot applicable to loans with interest of ten per cent. or lessOriginal agreement enforceableTemporary variation in rate of interestAgreement for variation unenforceableWhether original agreement thereby becoming unenforceableIntention of parties equally important in moneylending transactionsWhether temporary variation in rate of interest evidence of intention to rescind original agreement Moneylenders Act, 1927 (17 & 18 Geo. 5, c. 21) s. 6 Moneylending Laws (Laws of Jamaica, rev. 1953, cap. 254) s. 8.

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