Hayes Knight GTO Pty Ltd ACN 009 101 286 v Australian Securities and Investments Commission [2005] FCA 1509

FEDERAL COURT OF AUSTRALIA

Hayes Knight GTO Pty Ltd ACN 009 101 286 v Australian Securities and Investments Commission [2005] FCA 1509

ADMINISTRATIVE LAW – decision to authorise an 'eligible applicant' to make an application for the issue of examination summons – whether ASIC required to give reasons for decision – whether ASIC required to provide discovery

Words and Phrases ‑ 'proceedings in a civil court'

Corporations Act 2001 (Cth) Div 1 Pt 5.9, ss 9, 596A, 596B Administrative Decisions (Judicial Review) Act 1977 (Cth) ss 5(e), 5(f), 13, 15, 16, Sch 2 par (f) Judiciary Act 1903 (Cth) s 39B In re Appleton, French & Scrafton, Ltd [1905] 1 Ch 749 applied Cheney v Spooner (1929) 41 CLR 532 applied Re John Sanderson & Co (NSW) Pty Ltd (in liq) (No 2) [1976] VR 225 cited Carmody v MacKellar (1996) 68 FCR 265 approved Re New Tel Ltd (in liq) (ACN 099 068 955); Evans & Anor v Wainter Pty Ltd (ACN 008 725 586) (2005) 54 ACSR 284 cited Australian Securities Commission & Ors v Somerville (1994) 51 FCR 38 applied HAYES KNIGHT GTO PTY LTD ACN 009 101 286 and JOHN MICHAEL O'BRIEN v AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION and ROBERT GEORGES BERNARD RASSOOL as delegate of the Australian Securities and Investments Commission and HIGHSTOKE PTY LTD ACN 109 142 225 as trustee for holders of debenture stock issued by Performance Finance Limited (receiver and manager appointed) WAD 281 OF 2005 SIOPIS J 26 OCTOBER 2005 PERTH

IN THE FEDERAL COURT OF AUSTRALIA

WESTERN AUSTRALIA DISTRICT REGISTRY WAD 281 OF 2005

BETWEEN: HAYES KNIGHT GTO PTY LTD ACN 009 101 286

FIRST APPLICANT

JOHN MICHAEL O'BRIEN

SECOND APPLICANT

AND: AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

FIRST RESPONDENT

ROBERT GEORGES BERNARD RASSOOL as delegate of the Australian Securities and Investments Commission