Ibrahim Rahumathuma v. Peoples Bank and Other – sllr 1993 volume 2 page 387

In the case between IBRAHIM RAHUMATHUMA (Plaintiff) and PEOPLES BANK AND OTHERS (including the 3rd respondent among others) (Defendants), the court addressed whether the amendment by Act No. 19 of 1984 to the Finance Act No. 11 of 1963, which introduced a ten-year time bar for applications to the Bank for acquisition of premises, applies retrospectively to pending applications. It was held that the time bar restricts only applications made after 02-05-1984, reaffirming the statutory interpretation principle that amendments affecting procedural matters should not have retrospective effect unless explicitly provided. This decision relied on established interpretive authorities and statutory principles, emphasizing that such amendments must be read in a way that avoids prejudice to parties wh