Australian Securities and Investments Commission, in the matter of Richstar Enterprises Pty Ltd (ACN 099 071 968) v Carey (No 2) [2006] FCA 407

FEDERAL COURT OF AUSTRALIA

Australian Securities and Investments Commission, in the matter of Richstar Enterprises Pty Ltd (ACN 099 071 968) v Carey (No 2) [2006] FCA 407

PRACTICE AND PROCEDURE - media access to affidavits in evidence – affidavits filed in ex parte proceedings for interim preservation orders – exhibiting transcripts of examinations under s 19 of the ASIC Act – principle of open justice – objections based on speculative risks – access permitted Corporations Act 2001 (Cth) s 1323(3) Federal Court of Australia Act 1976 (Cth) s 50 Australian Securities and Investments Commission Act (Cth) ss 19, 68

Australian Securities and Investments Commission v Rich [2001] NSWSC 496 cited Seven Network Ltd v News Limited (No 9) [2005] FCA 1394 cited R v Davis (1995) 57 FCR 412 cited John Fairfax Publications Pty Ltd v Ryde Local Court [2005] NSWCA 101 cited Gangemi v Australian Securities and Investments Commission (2003) 129 FCR 284 cited Federal Court Rules O 46 r 6

IN THE MATTER OF RICHSTAR ENTERPRISES PTY LTD (ACN 099 071 968); WESTPOINT REALTY PTY LTD (ACN 050 218 954); BOWESCO PTY LTD (ACN 008 915 357); REDCHIME PTY LTD (ACN 117 947 805) AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION v NORMAN PHILLIP CAREY, GRAEME JOHN RUNDLE, CEDRIC RICHARD PALMER BECK, JOHN NORMAN DIXON, RICHSTAR ENTERPRISES PYT LTD (ACN 099 071 968), WESTPOINT REALTY PTY LTD (ACN 050 218 954) and BOWESCO PTY LTD (ACN 008 915 357) and REDCHIME PTY LTD (ACN 117 947 805) WAD 83 OF 2006 FRENCH J 11 APRIL 2006 PERTH

IN THE FEDERAL COURT OF AUSTRALIA

WESTERN AUSTRALIA DISTRICT REGISTRY WAD 83 OF 2006

IN THE MATTER OF RICHSTAR ENTERPRISES PTY LTD (ACN 099 071 968)

WESTPOINT REALTY PTY LTD (ACN 050 218 954)

BOWESCO PTY LTD (ACN 008 915 357)

REDCHIME PTY LTD (ACN 117 947 805)

BETWEEN: AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION