IN THE SUPREME COURT OF
THE REPUBLIC OF VANUATU
(CIVIL JURISDICTION)

CIVIL. CASE NO. 179 OF 2009

BETWEEN:

MR. CHENG RONG & MRS. CHENG BONG
Trading as Cheng Rong Store Port Vila Vanuatu
Claimant

AND:

MR. JEAN GOISET & MRS. THI TAM GOISET
Defendants

Counsel: Mr Kiel Loughman for the Claimant
Mr John Less Napuati for the Defendants

CONSENT ORDERS

By consent the Claimants and the Defendants agree to the following orders;

1. Judgment in the sum of four million vatu (VT4, 000,000) with interest of 5% per annum is entered against the defendants.

2. Interest shall be calculated for only one (1) year starting 7th April 2009 to 7th April 2010.

3. The Defendants shall pay the VT4,000,000 plus interest of VT200,000 to the Claimants in monthly installments of VT100,000 starting 30th June 2010 until 31st August 2011 and thereafter shall increase the monthly installment payment to VT260,000.

4. The defendant shall complete the payment of VT4, 200,000 over a period of 18 months starting June 2010 and ending November 31 2011.

5. Each party to pay its own costs.

DATED at Port Vila this 30th day of June 2010.

D. FATIAKI
Judge