A hit on the Chief Commissioner’s....

Jan 9, 2017

Does a disclaimer signed by a beneficiary of a trust mean that the grouping provisions of the Taxation Administration Act 1996 and the Payroll Tax Act 2007 have no application for the tax years in question? In answering that question affirmatively, his Honour White...

LPI Update – Requisition fees

Dec 19, 2016

Effective from 1 January 2017 Land and Property Information New South Wales (LPI) will charge fees for any requisitions that are raised for documents, plans and associated instruments. If you have lodged instruments, documents or plans before 31 December 2016 and a...

Bankruptcy Update: When does an insuranc....

Dec 9, 2016

It is well-established that pursuant to section 60(2) of the Bankruptcy Act 1966 (Cth) (Act) any action which has been commenced by a person who becomes bankrupt becomes immediately stayed until the trustee in bankruptcy makes an election to continue or discontinue...

Access Granted: Liquidators successfully....

Dec 9, 2016

In the High Court’s decision in CGU Insurance Limited v Blakeley [2016] HCA 2 the Court confirmed that a Liquidator can join an insurer under a director’s liability insurance policy (commonly known as a D&O Policy) to proceedings against a director, for the...

Liquidators Take Note: ASIC Compliance D....

Nov 28, 2016

The Australian Securities and Investments Commission (ASIC) is continuing its drive to improve compliance amongst liquidators with respect to their obligations to lodge various documents with the regulator and publish notices in connection with their appointments....