Failing to do so would place businesses on the island of Ireland in an impossible position having to choose between costly new checks and procedures that would disrupt their supply chains or breaking the law.
When the court deals with social policy decisions, the law it shapes is inescapably political — which is why decisions split along ideological lines are so easily dismissed as unjust.
The goal of this theory is encapsulated in Bentham's aphorism that “the greatest happiness of the greatest number is the foundation of morals and legislation.”
The new law replaces three previous ones over joint ventures with foreign equity, wholly foreign-owned enterprises and contractual joint ventures with foreign investment.