Federal Court of Australia
care s
Bankruptcy - property transferred to son of bankrupt - whether
bt settlement within =.120/1) Bankruptcy Act 1966 - whether promise to discharge future outgoings in respect of the property and to manage property constituted "valuable consideration" for purpcse of s.220(1)(a) - contract for sale - whether a sham transaction.
" Bankruptcy Act 5.120.
\ Barton v. Official Receiver (1985) 58 A.L.R. 328.
Rimar Ptv. Ltd. v. Pappas (1985) 64 A.L.R. 9.
Bovdeli v. James (1936) 36 S.R. (N.S.W.) 620.
Mullens Investments Pty. Ltd. v. Federal Commissioner of Taxation (1976) 1355 C.L.R. 290.
—r—-
=n iter
ROBERT TRIMBOLE (Bankrupt), EX PARTE MAX CHRISTOPHER DONNELLY,
Trustee of the Estate of the Bankrupt (Applicant), CRAIG GRAINGER - | TRIMBOLE (First Respondent), WATER RESOURCES COMMISSION (Second ~ |
Respondent). ce ee
No. NSW W1171 of 1986
-— er we ee
n Beaumont, J.
Sydney
we he /
11 July 1986
SS ete et ee
eae te
wet ee
-dmee
sae
IN THE FEDERAL COURT OF AUSTRALIA GENERAL DIVISION No. NSW 1171 of 19286
eww He we
EANKRUPTCY DISTRICT OF NEW SOUTH WALES AND THE AUSTRALIAN CAPITAL TERRITORY)
RE: ROBERT TRIMBOLE ' Bankrupt EX PARTE: MAX CHRISTOPHER DONNELLY Trustee
- of the Estate of the Bankrupt
Applicant CRAIG GRAINGER TRIMBOLE
First Respondent ;
"sp WATER RESOURCES—COMMISSISN - -
Second Respondent
- MINUTES OF ORDER °
ere weeee ete wees
'Judge making order: Beaumont, J.
Date order made: 11 July 1986
i permet
Where made: Sydney
THE COURT ORDERS THAT:
1. Declare that the disposition by the bankrupt to the
first respondent of the property being Irrigation
a ears Oe
Farm Lease Number 1961 in the Mirrool No. 1
Irrigation Area in the Parish of Naunton County of.
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Note:
to
Cooper Land District of Mirrool in the State of New south Wales, together with the improvements erected thereon ("the property") is void as against the
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