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The Practice Statement [1966] 3 All ER 77[1] was a statement made in the House of Lords by Lord Gardiner LC on July 26, 1966 on behalf of himself and the Lords of Appeal in ordinary, that they would depart from precedent in the Lords in order to achieve justice.

Background[edit]

Until the year 1966, the House of Lords in the United Kingdom was bound to follow all of its previous decisions under the principle of stare decisis, even if this created "injustice" and "unduly restrict(s) the proper development of the law" (London Tramways Co. v London County Council [1898] AC 375). The Practice Statement 1966 is authority for the House of Lords to depart from their previous decisions. It does not affect the precedential value of cases in lower courts; all other courts that recognise the Supreme Court(formerly the House of Lords) as the court of last resort are still bound by Supreme Court decisions. Before this, the only way a binding precedent could be avoided was to create new legislation on the matter.

Content[edit]

This is the text of the Practice Statement:

Lord Gardiner's statement in the House of Lords, July 26, 1966.

See also[edit]

Notes[edit]

  1. ^ See also [1966] 1 WLR 1234; [1966] 2 Lloyd's Rep. 151; (1986) 83 Cr. App. R. 191 (Note); (1966) 110 S.J. 584

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226 news items

 
PR Newswire (press release)
Tue, 19 Jan 2016 01:02:00 -0800

Some noteholders may by also be aware that the Company has issued a Practice Statement Letter dated 7 January 2016 indicating that it intends to execute a "scheme of arrangement" before the English Court to extinguish certain Debt (as defined ...
 
Lexology (registration)
Mon, 18 Jan 2016 08:54:12 -0800

The Takeover Panel has issued a Practice Statement setting out what is and is not acceptable in a co-operation agreement and the Panel will review the terms of the agreement once it has been published (as required by Rule 26 of the Code) to ensure it ...
 
Conventus Law
Mon, 18 Jan 2016 04:11:15 -0800

The Singapore legal system reflects its historical connection with England. In 1807, the East India Company obtained the First Charter of Justice from the English monarchy to set up a Court of Judicature in Penang with similar powers to those of ...
 
Lexology (registration)
Fri, 01 Aug 2014 07:15:41 -0700

In an attempt to address these concerns, Singapore's takeovers watchdog, the Securities Industry Council (SIC), issued a Practice Statement on 25 June 2014 (the Practice Statement) concerning IFA opinions in relation to takeover offers, 'whitewash ...
 
International Law Office (registration)
Tue, 16 Dec 2014 16:05:26 -0800

Practice Statement 28 explains that the panel will normally allow the bidder to make a single confidential approach to the board of the target during the restricted period in order to find out whether the target would be interested in opening or ...
 
Lexology (registration)
Tue, 18 Feb 2014 09:28:10 -0800

The Takeover Panel published on 17 January 2014 a new practice statement on irrevocable undertakings and letters of intent given by target shareholders who are also directors of the target in connection with an offer. The Practice Statement clarifies ...
 
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Tue, 19 Jan 2016 13:11:23 -0800

Januar 2016 ein "Practice Statement Letter" verfasste, dem gemäß ein "Scheme of Arrangement" (Schema) vor englischen Gerichten zur Löschung bestimmter Schulden (wie definiert) ausgeführt werden sollte - darunter die Schuldscheine und Urteile.
 
Bloomberg BNA
Wed, 06 Jan 2016 06:32:59 -0800

Jan. 4 — The International Accounting Standards Board probably will devote greater effort to fine-tuning its standards in 2016 while placing less emphasis on publishing new ones. The board refines its standards following post-implementation reviews ...
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