Federal Court of Australia
dice fax — fetercabace Lest eotr, Te PF Ch Thay, Mine t - 2 Nes ae1 woye re o - ' COomeny that 2t bus receawed woety, peas OG ware. a.
LU ias oupersscd om prop2.en Co st lone Vics 2. eyo
OP aLvolo tls, - : : a an & ae hoe oe . ' ' - ow oe ae =sy7 77 "+ nar ~- we fe . . oo at 7G att 7 mt s ey Ael 1026, s.77DCts. (3) end (9%.
arom ~ 7, . in - faa BP ANT WA. Wa. Gtoof 1°77
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Gye 4oy
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SUECES TALTPCG ORDER: Eovern C.J., FPraak. ond Deone JJ. vA oo Noyes + ~ . DATE i*Das .- Toth November, i977
(HG COURT CRET-S Tih:
3. The respondent pay the appellant's cosls ox the apreal and of tne proceecings in the Luprenc Court af i 1 Australia.
MeN
GH AT cL Vester ax
eu
AZ
te]
©
~
Respouden
CORLM: Been
46th Vovesber, 1977.
This 18 en eprecl fron a juderent of
o ms Tas L léxatic:
°
which confirmed the disallowance by the Commissioner of a deduction of %250,000 clained by 'him Creel: Consolid.ced
N.L. 2n ats return of income for the year enace 350th June 1972
Whim Creek Consolidated W.L. 15 a no l1abi1it;
company incorporated in Western Australia and is a resident
g
WN
for the purposes of s.77D of the Incoze Tax Asuessnont Act 1926
as it then was.
Western Australia and is a mining is ¢ subsidiary of the apoellent,
The apvellanc was the furd2ng coxpany
Westfield tie exploration company
for the
ir mining
The tivo companies had the same local divectors. Tee Lolie 1:8 ic & staccmomt of ms
i4e% December 1969 to 3Cth Juie 1270 1st July 1970 to 20ta June 1971 ist July 1971 to 26th dune 1972 27th June 1972 to 30tn Jue 13°/2 o a) ry red a I
iC
tetty fou! Nib eke)
ewww | OQ Oo re)
ad
(here laarter
an.
end
VENUES.
The emounts were debited in the appellant's books to Vestfieldts loan account end credited in the books of Yestfield to the appellat's aevanuce eccount. The following 15 a statenont of the exsmeuditure by Westticiad on mooning end prospecting:-— Nigt Decerhber 1969 to 30th June 1970 » &2,532 1st July 4970 to 30th June 1977 fon AVF ist July 1971 to 30th June 1972 $267 , 597 ist July 1972 to 350th June 1°73 $230 , 203 = > «4 > Sg a 1st July 1973 to 3ist December 1974 $506,558 The issue in this case arises in relation to an application ade by the eppellant to Westfirid on 26th June i°7?
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