Contract – Construction of terms – Where contract used statutory term "gaming operator's licence" – Where contract provided for payment to respondent if "new gaming operator's licence" issued to person other than respondent – Where statutory scheme amended so gaming operator's licence could no longer be issued – Meaning of "new gaming operator's licence" – Whether payment due.
Contract – Construction of terms – Context and purpose – Where commercial context regulated by statutory regime – Where letter from member of Executive annexed to contract – View of reasonable business people.
Contract – Construction of terms – Whether pre-existing contractual right operated independently of statutory right on same subject matter – Whether pre-existing contractual right discharged or abrogated by subsequent legislative enactment.
Words and phrases – "gaming machine entitlement", "gaming operator's licence", "new gaming operator's licence".
Gaming Machine Control Act 1991 (Vic) – Pt 3.
Gambling Regulation Act 2003 (Vic) – Pts 4 and 4A of Ch 3.
