WESTRALIAN FARMERS, LTD. v. KING LINE, LTD.

(1931) 41 Ll L Rep 210

COURT OF APPEAL.

Before Lord Justice Scrutton, Lord Justice Greer and Lord Justice Slesser.

Charter-party - Commission on freight - Rate of exchange - Freight payable in British sterling or its equivalent - "(34) Five per cent. commission upon the freight . . . is due and payable at the loading port [Fremantle, W.A.] by the shipowners to the charterers on the vessel being loaded . . . (35) All sums due in Australia to the charterers shall be paid in Australian currency" - Construction - Charterers' contention that they were entitled in respect of commission on freight to a sum in Australian currency equivalent, at the rate of exchange between Great Britain and Australia on the date when such commission became due, to 5 per cent. of the sum in British sterling agreed to be paid in respect of freight - Whether British and Australian currencies identical-