McVeigh, in the matter of Piccolo v National Australia Bank Ltd [2000] FCA 187

FEDERAL COURT OF AUSTRALIA

McVeigh, in the matter of Piccolo v National Australia Bank Ltd [2000] FCA 187 MORTGAGES – general principles of construction – mortgage given to support guarantee used to obtain banking facilities – whether charging clause to be read down in light of consideration clause – whether guarantee and principal credit agreement relevant in construing mortgage – scope of liability under "all moneys" clause in guarantee – whether extension of further facilities to borrower contemplated by guarantor – whether guarantor's obligation discharged by extension of further facilities – effect of clause in guarantee preserving liability notwithstanding subsequent variations to principal agreement CONTRACTS – construction and interpretation of contracts – circumstances in which separate instruments are to be construed together – separate instruments part of one transaction – instruments not all between same parties – all parties aware of content of all instruments

Bankruptcy Act 1966 (Cth), s 30(1), s 58 Transfer of Land Act 1958 (Vic), s 74, s 91A, s 91B

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