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Business Law Statutory Interpretation Statute law, unlike case law, provides rules in the form of a single verbal formula. The statutes are not read and analyzed in the same way as cases. The words of a statute have a unique authority which words in judgments virtually never have. Statutory language contains the rule, while judgments at best merely offer one expression of it, or view about it. Statutory interpretation means assessing legislative intention based on the binding rules, on principles and on presumptions as to what Parliament had in mind and on linguistic construction. No argument must be overlooked when searching for all the relevant interpretative factors. It is the judges' role to interpret the law and there are three main rules for interpretation, the general principles and they are as follows: -Literal Interpretation -Golden Rule -Mischief Rule These rules are not interchangeable with one another, when interpreting, judges...

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