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Hansard Can Only Be Made Reference to in Very Limited

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Hansard can only be made reference to in very limited circumstances following the strict guidelines set down in Pepper v Hart. The court must be persuaded that such a reference is justified. Nonetheless, it may consider extracts from Hansard de bene esse. Such arguments have, however, generally fallen from favour.


Definitions:

Purchase Price

The amount of money paid to acquire a product or service.

Accounts Payable Period

The average period it takes a company to pay its invoices from suppliers and vendors.

Cash Expenses

Expenses that require an immediate outflow of cash, as opposed to non-cash expenses like depreciation.

Beginning Cash Balance

The amount of cash a company has at the start of a financial period.

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