Scitex Corp. Ltd and others V. The Minister of Trade and Industry
|1.||HC 134/67 -- Vanunu v. Ministry of Transport; 21(2) PD 710, 716-17.|
BERINSON J: The petitioners in this case are manufacturing/exporting companies who seek to have the respondent [the Minister of Trade and Industry] honour his undertaking to them regarding special aid promised for their 1974 exports. The availability of such one-time aid to exporting industries was publicized in Circular 8/74, published by the Foreign Trade Section of the Ministry of Trade and Industry on 10 September 1974. . . . Such aid was promised only to manufacturers in the fields specifically mentioned in the circular and only where exports totalled more than 50 per cent of their 1973 sales. Such an enterprise was termed 'an eligible enterprise' [and promised a grant of 25 agorot for each dollar of 1974 exports, up to that enterprise's 1973 exporting total.
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All the petitioners come under the category of 'eligible enterprise' as defined by Circular 8/74 and, in fact, have already received half of the special aid. However, before the second half of the aid came due, there was a financial crisis in Israel. On 10 November 1974 the Israeli Lira was deval-